GlobeNewsWire
16 Jun 2026, 20:50 UTC · 1h ago
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Zscaler's stock price fell 31.52% on May 27, 2026, following revenue guidance that missed consensus expectations. — A double-digit single-day drop driven by a guidance miss indicates a significant shift in market sentiment regarding the company's growth trajectory.
-0.80Pomerantz LLP is investigating Zscaler for potential securities fraud or other unlawful business practices. — The initiation of a securities fraud investigation increases legal risk and potential liability, which typically pressures stock prices.
-0.40Zscaler provided current-quarter revenue guidance between $875 million and $878 million, missing the $879 million consensus. — Guidance misses, even small ones, often signal a deceleration in growth for high-valuation software companies.
-0.30Which stocks this story touches
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The company is facing a securities fraud investigation and suffered a significant stock price drop following guidance that missed expectations.
The company is the subject of an investigation into potential securities fraud by Pomerantz LLP.
The company is the subject of an investigation into potential securities fraud by Pomerantz LLP.
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