Zscaler dips after hours despite cybersecurity firm’s beat-and-raise quarter (NASDAQ:ZS)

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Shares of Zscaler (NASDAQ:ZS) on Thursday slipped as much as 12.4% in extended trading, despite the cybersecurity company delivering a beat-and-raise quarter on the back of strong demand for its products.

ZS stock was last down 8.7% to $221.03. It should be noted thatPANWdisappointing

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