It was opened by Pelosi, which closed up more than 7% yesterday$Palo Alto Networks (PANW.US)$Today's pre-market increase was once again over 5% to $318.5.
According to the news, senior US Democratic congressman Nancy Pelosi submitted to Congress shows that it recently purchased bullish options for cybersecurity company Palo Alto Networks (Palo Alto Networks). Despite Pietuo's poor stock price performance over the past week — it lowered performance guidelines in its latest earnings report, and even triggered several Wall Street companies to downgrade the company's ratings earlier, the company's stock price recently rebounded strongly following the announcement of the purchase news of “Capitol Hill stock god” Pelosi's husband.
According to credit disclosure documents, Pelosi's husband Paul Pelosi purchased Pietuo Network call options worth 500,000 to 1 million US dollars on February 12. On February 21, a further call option worth 100,000 to 250,000 US dollars was purchased. The latter purchase coincided with a sharp drop in stock prices due to the company's reduction in annual revenue and performance estimates.
Pietuo Networks is a cybersecurity company headquartered in Santa Clara, California, USA. Its core product is the “Next-Generation Firewall” (Next-Generation Firewall) platform, which provides the ability to visualize network activity, can perform fine control of network activity based on applications, users, and content, and also provides cloud-based security services to expand firewall security.