CrowdStrike Shares Decline Due to Weak Q4 Earnings Forecast

Reported about 6 hours ago

CrowdStrike (CRWD) shares fell approximately 6% in premarket trading after the company released a disappointing earnings forecast for Q4, raising concerns about customer retention following a significant IT outage in July. Analysts have adjusted price targets, with Needham increasing its target to $420 and Scotiabank decreasing its target to $300.

Source: YAHOO

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