Friday, 24 March, 2023
Crowdstrike Holdings' Warning Triggers Sell-Off in Cybersecurity Stocks
<p>Crowdstrike Holdings Inc's warning that clients were cutting down on spending and delaying orders due to an economic slowdown hit cybersecurity stocks, adding to the sector's woes. Crowdstrike's stock plunged over 19% in morning trade after the business estimated current-quarter revenue that fell short of analysts' expectations, while peers Zscaler Inc, SentinelOne Inc, and Palo Alto Networks Inc slid between 2% and 11%.</p>
Read full story at Reuters
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