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CyberArk shares down 15% as company lowers guidance

Shares of CyberArk Software Ltd. CYBR, +1.11% fell more than 15% late Thursday after the company predicted smaller sales and profits in the second quarter. CyberArk said it expects total revenue in the range of $57 million to $57.5 million, compared with previous guidance $61 million to $62 million. The company forecast GAAP...