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Palo Alto Falls 4% as Report of OpenAI Cybersecurity Deal Hits Sector; CrowdStrike Drops 3%, Fortinet Slips

Source: 247wallst.com

Artificial IntelligenceCybersecurity & Data PrivacyM&A & Restructuring
Palo Alto Falls 4% as Report of OpenAI Cybersecurity Deal Hits Sector; CrowdStrike Drops 3%, Fortinet Slips

A report that OpenAI plans to buy a cybersecurity startup is weighing on cybersecurity stocks, with Palo Alto Networks described as taking the hardest hit among the sector’s giants. The article lists Palo Alto Networks at $381 but gives no percentage move or deal details.

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