Palo Alto Networks Inc. has Wall Street wondering why the cybersecurity company decided to report earnings and hold its conference call after the close of markets on a Friday.
While Palo Alto Networks’ PANW earnings have bounced around the weekly calendar in recent quarters, it’s unusual for companies in the S&P 500 index SPX to post results on a Friday after the closing bell. The last S&P 500 company to do so was Nike Inc. NKE in December 2020, according to Dow Jones Market Data, and aside from that, there were no others…
