CrowdStrike Stock Has Tumbled. A Director Scooped Up Shares.

CrowdStrike Holdings

inventory tumbled in 2022, and one director scooped up shares of the supplier of safety software program within the final week of that yr.

CrowdStrike (ticker: CRWD) misplaced about half of its market worth final yr. It and different software program firms are seeing clients cut spending as financial uncertainty looms. On the finish of November, the corporate offered a disappointing fiscal-fourth-quarter outlook, sending its shares sliding. Simply three months earlier than, CrowdStrike had raised guidance, which could point out how troublesome it’s for tech firms to navigate the present local weather.

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