Fortinet, Barracuda join peers in selling off due to Imperva's warning

|About: Fortinet, Inc. (FTNT)|By:, SA News Editor

Fortinet (FTNT) is down 1.3%, and Barracuda Networks (CUDA) is down 2.4%, after Imperva issued an ugly Q1 warning blamed on lengthy sales cycles (particularly in the U.S.). FireEye, Palo Alto Networks, and KEYW Holding are also off.

Barracuda competes with Imperva (as well as F5) in the Web application firewall market. Fortinet's Q1 report arrives on April 23.