Zscaler rallies on strong earnings and the AI-security trade
+16.52% to $191.73 from $164.54
What moved ZS
- Shares rose about 12%, closing near $189.46.
- Fiscal Q4 results showed annual recurring revenue reaching $3.8 billion, up 25% year over year.
- The move tracked a broad rally in cybersecurity stocks after Anthropic’s Dario Amodei and OpenAI’s Sam Altman both called for slowing AI development over the weekend.
Sources: Cryptonomist · 24/7 Wall St.