Monday, December 10, 2012

Investopedia: Palo Alto IPO Slide Is Getting Interesting

It's not uncommon at all for tech IPOs to selloff, sometimes sharply, once the hoopla of the IPO fades - Facebook (Nasdaq:FB) being perhaps the best recent example. While Palo Alto Networks (NYSE:PANW) debuted to much fanfare, the shares have been carving out new 52-week lows on worries about the macro IT environment and fading stock momentum. Palo Alto is still a long distance from value, but these shares are a lot more interesting today than just one quarter ago.

To read more, please follow this link:
http://www.investopedia.com/stock-analysis/2012/Palo-Alto-Post-IPO-Slide-Is-Getting-Interesting-PANW-CSCO-VMW-CHKP1210.aspx

No comments: