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 forecast fell short, causing a 31.52% stock decline in May 2026. The stock fell another 10.06% in September 2026 after the executive's exit. The investigation aims to determine if Zscaler and its officers engaged in unlawful business practices affecting investors.
Zscaler's stock currently trades at USD 214.51 on Pluang as of Oct 21, 2026 03:35 WIB, recovering somewhat from its 52-week low of USD 118.05 but still well below the 52-week high of USD 336.27. Despite recent volatility and significant price drops earlier in the year, the stock shows a modest 1-day gain of 0.93%. Investor activity on Pluang leans more towards buying, with 62% of orders as of the same time.
