Pomerantz LLP is investigating Zscaler, Inc. for potential securities fraud following significant stock price drops after the company missed revenue guidance and announced the departure of its Chief Revenue Officer. Despite beating earnings expectations, Zscaler's revenue guidance fell short, causing a 31.52% stock drop in May 2026. Later, in September 2026, the announcement of the Chief Revenue Officer's exit led to another 10.06% decline. The investigation aims to determine if Zscaler or its executives engaged in unlawful business practices affecting investors.
As of Oct 28, 2026 05:11 WIB, Zscaler (ZS) trades at USD 259.72 on Pluang, closer to its 52-week high of USD 336.27 than its low of USD 118.05, showing resilience despite recent sharp declines noted in the news. The stock's 1-day change is a mild -0.28%, contrasting with the significant drops in May and September 2026. Investor interest remains strong with 89% buy orders and a typical hold time of 42 days on the platform.
