Palo Alto announced that its board of directors had approved a 2-for-1 forward stock split. This will result from an amendment to the company's Restated Certificate of Incorporation, which management says will create "a proportionate increase of the number of shares of authorized common stock."

Palo Alto Networks Inc. late Wednesday reported quarterly earnings above Wall Street consensus and raised its outlook for the year, putting that yearly forecast merely in line with expectations, which seemed to contribute to a 5% loss for the stock in the extended trading session.

Palo Alto Networks' platformization progress is slow, with heavy competition. Check out why I remain bearish on PANW stock.

Palo Alto Networks Inc. shares are leading S&P 500 decliners in Friday action, following a bearish note that flagged potential growth concerns. HSBC analyst Stephen Bersey cut his rating on Palo Alto Networks’ stock to reduce from hold,