U.S. Regulators Target CrowdStrike: Is It a Signal or Noise?

CrowdStrike TodayCRWDCrowdStrike $440.20 +10.76 (+2.51%) 52-Week Range$ 200.81▼ $455.59P/E Ratio863.15Price Target$ 403.20Add to WatchlistOn May 9, CrowdStrike Holdings Inc. NASDAQ: CRWD closed the week down about 7%. A key reason for the sell-off was news that the company was part of a Department of Justice (DOJ) and Securities & Exchange Commission (SEC) probe involving the company’s $32 million deal with Carahsoft. This may seem like bad form to bring up when the stock has made up that loss. All technology ...