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Forget the Stock Split: 3 Reasons to Buy Palo Alto Networks

Forget the Stock Split: 3 Reasons to Buy Palo Alto Networks

Palo Alto Networks (NASDAQ: PANW) shareholders might have noticed some odd movements in their portfolios lately. A split has no economic impact on the value of a business, even though stocks often rise in the wake of a split announcement. Many software-as-a-service companies have disappointed investors with slowing growth in the wake of pandemic-related gains in 2020 and 2021.