Netskope stock steadies before open after AI-tool jitters hit cybersecurity shares
Netskope shares rose 0.4% premarket Tuesday after plunging 12% Monday, hitting a 52-week low. The drop followed Anthropic’s launch of an AI security tool that triggered a broad selloff in cybersecurity stocks. TD Cowen cut its price target on Netskope to $25. Investors await Netskope’s earnings on March 11 and a lock-up expiry on March 17.