CrowdStrike (CRWD) Inventory: Do not Catch The Falling Knife

Crowdstrike headquarters in Silicon Valley

Sundry Images

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) buyers have been hammered by an preliminary post-earnings selloff because the main cloud-native endpoint cybersecurity participant released earnings.

The corporate’s first-quarter earnings report disillusioned buyers who anticipated a extra sturdy steerage improve. I highlighted in my earlier article

CRWD price chart (weekly)

CRWD value chart (weekly) (TradingView)