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Cybersecurity shares did not sell off as a group on Thursday, October 22. Palo Alto Networks (NASDAQ:PANW) rose 2.21% to close at $354.92 and Zscaler (NASDAQ:ZS) rose 2.78% to $237.76, while CrowdStrike (NASDAQ:CRWD) fell 0.58% to $237.94 and Fortinet (NASDAQ:FTNT) fell 0.61% to $172.98. …
● Robert Half jumped to $42.00 after staffing revenue grew for the first time since 2022.
● The Nasdaq Composite fell 694 points to 26,008.86, losing about $1 trillion in market value.
● MasTec, Dycom and Primoris hit 52-week lows.
● Southwest reported record revenue per available seat mile and earnings of $0.66 a share.
● About two of every three S&P 500 stocks rose despite the Nasdaq's 694-point drop.
● China's CSI 300 closed at 4,036.30, more than a fifth below its June 22 peak.
● The VIX jumped 2.35 points to 19.03 on Thursday.
● Meta posted record revenue of $64.6 billion, yet shares had their worst day since July.
● Biohaven soared to around $14.55 after the FDA accepted its resubmitted rare disease drug application.
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