Why Zscaler (ZS) stock is trading up today
Zscaler's stock is down 5.8% after the sudden resignation of Chief Operating Officer Dali Rajic, who is leaving to join cybersecurity startup Wiz. The company is working to find a replacement for Rajic, and despite the dip, ZS stock is still up 8.2% since the start of the year.
Zscaler's Chief Operating Officer Dali Rajic has resigned without a transition period. He is leaving to join cybersecurity startup Wiz as President and COO. The company is working to find a replacement. Zscaler's stock is down 5.8% due to the news. Despite this, the stock is still up 8.2% since the start of the year. The sudden departure has caused a dip in value, with 1.2 million shares changing hands.
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