Zscaler is trading 4.7% down at $140.18 as investors continue to react to a late-May revenue and free-cash-flow guidance reset and a recent insider sale filing.
- Sentiment remains weighed down by company-specific overhangs that have pressured the stock over recent sessions.
- Broader weakness in higher-beta tech and growth software names is adding to the decline, with risk-off sentiment in the Nasdaq amplifying the selling.