Cyber security
It's been two days since we've seen what I think is a very interesting drop, roughly $100, in the share price of$PANW. A cybersecurity company since 2005, Palo Alto Networks Inc. with over 50,000 customers is certainly not a small company and as we can see from the chart, the hype around AI has taken a toll on it too and it has been growing quite steadily. 😊
Personally, this industry is a big unknown for me, although I am interested in technology, cyber protection is still distant for me, but with the increasing digitalization and everything around, this development is also needed. Of course we have several other companies as possible competitors. Therewas a recent post on this on my profile by@wise_investor. Also more info on the company on Bulios when you click through to the ticker $PANW. I don't know the company personally.
The question and subtopic for discussion is - have you experienced such crashes in a single day? (Yes, we've experienced growth similar to Nvidia now). And alternatively, as you look at it, does anyone see this as a buying opportunity after such a drop? 😊