Why CrowdStrike Stock Is Down Today
Portfolio Pulse from Ryan Gustafson
Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) are trading lower along with other tech stocks due to the weakness observed in Netflix and Tesla following their respective quarterly reports. Netflix reported mixed results with soft third quarter sales guidance, while Tesla reported increased earnings and sales. CRWD shares were down 6.35% at $147.60 at the time of publication.
July 20, 2023 | 7:55 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
CrowdStrike's stock is trading lower due to the weakness observed in Netflix and Tesla following their respective quarterly reports.
CrowdStrike's stock is being influenced by the performance of other tech stocks, specifically Netflix and Tesla. Both companies reported their quarterly earnings, with mixed results leading to a decrease in tech stock prices, including CrowdStrike.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100