U.S. Markets closed
  • S&P 500

    4,431.85
    +105.34 (+2.43%)
     
  • Dow 30

    34,725.47
    +564.69 (+1.65%)
     
  • Nasdaq

    13,770.57
    +417.79 (+3.13%)
     
  • Russell 2000

    1,968.51
    +37.22 (+1.93%)
     
  • Crude Oil

    87.29
    +0.68 (+0.79%)
     
  • Gold

    1,792.30
    -2.70 (-0.15%)
     
  • Silver

    22.49
    -0.19 (-0.82%)
     
  • EUR/USD

    1.1152
    +0.0005 (+0.0446%)
     
  • 10-Yr Bond

    1.7820
    -0.0250 (-1.38%)
     
  • Vix

    27.66
    -2.83 (-9.28%)
     
  • GBP/USD

    1.3401
    +0.0019 (+0.1447%)
     
  • USD/JPY

    115.1900
    -0.1120 (-0.0971%)
     
  • BTC-USD

    37,735.45
    +1,310.41 (+3.60%)
     
  • CMC Crypto 200

    863.83
    +21.37 (+2.54%)
     
  • FTSE 100

    7,466.07
    -88.24 (-1.17%)
     
  • Nikkei 225

    26,717.34
    +547.04 (+2.09%)
     

Why Crowdstrike Stock Fell 7% Today

·2 min read
Why Crowdstrike Stock Fell 7% Today
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • CRWD

Shares of endpoint security leader Crowdstrike Holdings (NASDAQ: CRWD) got blasted with a 7% sell-off today. High-growth names were hit especially hard on news that the first case of the coronavirus Omicron variant was confirmed in the U.S. Investor worry is mounting that the next leg of the pandemic could cause a backtrack in broader economic recovery. Free cash flow in Q3 was up 62% to $124 million, good for an incredibly healthy free-cash-flow-profit margin of 33%.