CRWD - Hot Stocks: ROST plunges on earnings; DECK rises; cybersecurity rally; BA sets 52-week low

A late rally allowed the major averages to eke out a mixed performance on Friday. Losses recorded earlier in the day sent the S&P 500 into bear market territory, but a wave of bargain hunting during the final hour of trading pushed the index into the green, however fractionally, by the close. Cybersecurity stocks were among the winners on the session. Better-than-expected results from Palo Alto Networks (PANW) drove gains in the sector, with CrowdStrike (CRWD) and Zscaler (ZS) also rising. Earnings news also gave a lift to Deckers Outdoor (DECK). Meanwhile, RCM Technologies Inc. (RCMT) added to its recent momentum, extending its 52-week high. Turning to some of the day's standout decliners, Ross Stores (NASDAQ:ROST) plummeted more than 20% following the release of disappointing quarterly results. At the same time, Boeing (BA) set a new 52-week low as its 737 MAX still looks a long way away from getting

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Hot Stocks: ROST plunges on earnings; DECK rises; cybersecurity rally; BA sets 52-week low