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Why This Cybersecurity Stock Is Dropping After Earnings
Barrons.com62d agobearish
Why This Cybersecurity Stock Is Dropping After Earnings

Shares of Netskope declined sharply Thursday after the company reported mixed fiscal 2027 first-quarter earnings, with underwhelming new annual recurring revenue. A slew of Wall Street firms lowered price targets on the cybersecurity company. Netskope stock sank 18% to $10.17 on Thursday, putting it on pace for its largest ever daily percentage decline, according to Dow Jones Market Data.