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Why Tenable Stock Fell 16% Today

·2-min read

Shares of cybersecurity stock Tenable Holdings (NASDAQ: TENB) were down 15.6% today as of 12:20 p.m. ET. The company reported earnings that exceeded expectations, but as is almost always the case with stocks, it's the outlook for the future that matters most. Specifically, Tenable reported revenue growth of 26% in the second quarter of 2022 compared to the same period a year ago, hauling in $164 million during the spring quarter.