F5 Networks Surrenders Gain And Retests Two-Year Low

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F5 Networks, Inc. FIVE shares were lower by $0.30 at $90.02 in Thursday's session. After the close, the company issued a mixed report of Q1 EPS beat of $0.13 with inline revenues. However, the company lowered its Q2 guidance for EPS and revenues.

The issue peaked off its sharply higher opening print of $94.50 versus Wednesday's close of $90.02. It immediately reversed course and came within a quarter of its two-year low ($88.75) from Wednesday's session, only reaching $89 before rebounding to its current level.

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