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StockNews.com
Business
Subhasree Kar

Down more than 17% in 2022, is Now a Good Time to Buy SentinelOne Stock?

Cybersecurity company SentinelOne, Inc. (S) in Mountain View, Calif., offers its Singularity Platform that delivers artificial intelligence-powered autonomous threat prevention, detection, and response capabilities across an organization’s endpoints and cloud workloads.

S recently announced its agreement to acquire Attivo Networks, a leading identity security and lateral movement protection company. It aims to extend its AI-powered capabilities to identity-based threats, setting the standard for XDR and accelerating enterprise zero trust adoption. The acquisition is expected to help advance SentinelOne’s portfolio and foster growth in the critical identity security category. Furthermore, the company’s quarterly results for its fiscal fourth quarter and outlook topped Wall Street’s consensus.

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