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Even the best get pwnd

Harvard University’s endowment invested in Palo Alto Networks, in the second quarter:

HMC sliced off more than two-fifths of its positions in Apple (ticker: AAPL) and Facebook stock (FB). It also bought more Class A shares of Alphabet (GOOGL), and initiated positions in Booking Holdings (BKNG) and Palo Alto Networks (PANW).
-- Barron's

On Friday, Palo Alto Networks announced that Dave Peranich, VP of worldwide sales, was leaving the company.

Shares of the security firm ended down $15.36, or 7%, at $199.25 following a report that its head of sales resigned after three years on the job.
-- TheStreet.com

This is a great opportunity to get into Palo Alto Networks for the same price that Harvard paid, back in Q2! I own Check Point Software in the space, but I'm sure PANW is a fine company, too.

-- Scrib