SentinelOne is trading 4.12% down now at $22.23 after Bernstein downgraded the company from Outperform to Market Perform, directly pressuring shares, and set a $25 price target.
- CEO Tomer Weingarten’s approximately $2.29 million stock sale added to investor sentiment concerns.
- Higher interest rates continued weighing on growth-oriented software stocks, although SentinelOne’s fundamentals remain intact.