CrowdStrike stock drops 6% amid federal investigation, market volatility, and disappointing profit guidance

From Zacks Investment Research: 2025-03-21 16:02:00

CrowdStrike Holdings, Inc. (CRWD) stock has plummeted 19% from its 52-week high, now down 6% in the past month. The company is under federal investigation over a $32 million deal with Carahsoft Technology, raising concerns about financial irregularities. Market volatility and fears of a global slowdown have further weighed on CrowdStrike, prompting investors to question the stock’s future. With disappointing profit guidance for fiscal 2026 and a high valuation, it might be wise for investors to consider selling CRWD shares amid legal uncertainties and market pressures.



Read more at Zacks Investment Research: CrowdStrike Stock Plunges 6% in a Month: Time to Cut Losses? – March 21, 2025