Why Crowdstrike Holdings (CRWD) Shares Are Diving
Portfolio Pulse from Henry Khederian
Shares of Crowdstrike Holdings Inc (NASDAQ:CRWD) are trading lower by 4.0% after Datadog issued weak guidance. Despite Datadog's earnings and sales surpassing market projections, the company's Q3 projections are lower than expected, which may indicate potential industry-wide challenges.
August 08, 2023 | 7:43 pm
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Crowdstrike Holdings' shares are down 4.0% due to weak guidance from Datadog, which may indicate potential industry-wide challenges.
Crowdstrike Holdings' shares are trading lower due to weak guidance from Datadog. This weak guidance is seen as an indicator of potential industry-wide challenges, which could lead to reduced demand or other difficulties affecting technology companies, including Crowdstrike.
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