Why CrowdStrike Holdings Fell 12.5% in September
Shares of endpoint online security specialist CrowdStrike Holdings (NASDAQ: CRWD) were down 12.5% in September 2021, according to data provided by S&P Global Market Intelligence. However, even when allowing for the short-term tumble, the stock was up a whopping 72% from the same period in 2020.
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Given the epic rise since the start of the pandemic, CrowdStrike's most recent breather makes sense. There was no specific financial news coming from the company in September that caused the downturn.
Source Fool.com
