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Why Software All-Stars CrowdStrike, MongoDB, and Cloudflare All Plunged Today
CRWDCrowdStrike(CRWD) The Motley Fool·2025-02-26 04:12

Shares of software leaders CrowdStrike (CRWD -2.54%), MongoDB (MDB -3.08%), and Cloudflare (NET -2.85%) were all down big in Tuesday trading, with each falling over 5% before recovering to a 3.4%, 2.5%, and 2.3% decline, respectively, as of 1:45 p.m. ET.There wasn't much in the way of company-specific news today, aside from MongoDB making an small $220 million acquisition yesterday. Therefore, the across-the-board declines of even these high-quality software stocks can likely be attributed to some negative ...