BUZZ-Cybersecurity stocks fall after Fortinet highlights slowing product growth

October 29 - ** Cybersecurity company shares fall after Fortinet reports slowdown in year-on-year product revenue growth

** Fortinet FTNT.O shares plunged by 26.6% after reporting third-quarter (link) product revenue growth of 37% year-on-year (down from 52% in the previous quarter)

** The company also lowered its fiscal 2026 service revenue forecast from the previous $5.18 billion–$5.22 billion to $5.15 billion–$5.17 billion

** Crowdstrike CRWD.O fell 6.3%, Palo Alto PANW.O dropped 6.9%, Zscaler ZS.O declined 7.1%

** Okta OKTA.O, SailPoint SAIL.OL, and SentinelOne S.N all fell by about 6%

** Rubrik RBRK.N fell 6.3%, Rapid7 RPD.O dropped 4%

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