Thursday, September 19, 2024

Palo Alto Networks, Titan Pharmaceuticals, Fabrinet from Investing.com

Date:

After-hours movements:

ActionsPalo Alto Networks (PANW) saw volatility after the cybersecurity company reported positive fiscal fourth-quarter results and gave a strong outlook for future earnings. The company’s total revenue for fiscal Q4 2024 rose 12% year-over-year to $2.2 billion, up from $2 billion. The company’s shares initially rose 4%, but then largely gave up the gain.

Titan Pharma (TTNP) shares surged 31% after announcing a merger deal with KE Sdn. BHD.

factory (FN) saw its shares surge 9% after releasing quarterly financial results and future earnings estimates that beat analysts’ average expectations. This is the fourth consecutive quarter of record revenue.

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