Zscaler and SentinelOne Spike 10% as Cybersecurity Re-Rating Reaches the Laggards
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The post Zscaler and SentinelOne Spike 10% as Cybersecurity Re-Rating Reaches the Laggards appeared first on 24/7 Wall St..
A cybersecurity re-rating is sweeping through the group Thursday, with the money flowing hardest into the names the market had written off. First Trust NASDAQ Cybersecurity ETF (NASDAQ:CIBR) is up 7% to $99.83. At the same time, Invesco QQQ Trust (NASDAQ:QQQ) is up 0.9% to $718.35, and that gap identifies the day as a sector event rather than a market event.
Zscaler (NASDAQ
A cybersecurity re-rating is sweeping through the group Thursday, with the money flowing hardest into the names the market had written off. First Trust NASDAQ Cybersecurity ETF (NASDAQ:CIBR) is up 7% to $99.83. At the same time, Invesco QQQ Trust (NASDAQ:QQQ) is up 0.9% to $718.35, and that gap identifies the day as a sector event rather than a market event.
Zscaler (NASDAQ
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