Palo Alto Networks Gains Another 6% As Nancy Pelosi Discloses Purchase
Palo Alto Networks shares surged 7.3% on Monday as Congresswoman Nancy Pelosi disclosed that she bought positions in the cybersecurity company. The shares gained another 5.6% in premarket trading Tuesday.Pelosi purchased between $500,000 and $1M worth of call options in the Nikesh Arora-led company, according to a congressional trading form filed by Pelosi. The purchase was made on Feb. 12.The 83-year-old Pelosi also disclosed a call option purchase worth between $100,000 and $250,000. The purch