Diamonds and Dogs
Palo Alto Networks (PANW) is jumping 19% to new highs thanks to strong earnings. The security software firm easily beat expectations as revenues rose 28% year over year to $1.22 billion. Turns out cybersecurity is very profitable.
Profit-taking in Pfizer (PFE) and Moderna (MRNA). Both stocks are down over 3% following news yesterday that Pfizer vaccine received full FDA approval. There are 80 to 90 million people in the US who still have not yet been vaccinated. Many officials are now promoting a third shot to further boost the vaccination rate of poeple.
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