Why CrowdStrike Stock Is Plummeting Today
CrowdStrike (CRWD -8.07%) stock is getting hit with a wave of sell-offs following the company's recent fourth-quarter report. The company's share price was down 8.2% as of 12:30 p.m. ET and had fallen as much as 12.1% earlier in the day.CrowdStrike published its Q4 results after the market closed yesterday, actually reporting sales and earnings that beat Wall Street's expectations. But despite posting better-than-expected quarterly results, investors are selling out of the stock due to forward guidance that ...