Why CrowdStrike Stock Is Crashing Ahead of Earnings
Things are not looking good for CrowdStrike's (NASDAQ: CRWD) upcoming earnings report. In just a couple of hours, at 4 p.m. EST this evening to be precise, the cybersecurity company is scheduled to report its financial results for fiscal Q3 2020. The fact that Mr. market is selling off the stock ahead of this report, however, suggests that more than a few investors are nervous about what CrowdStrike might report.
As of 2 p.m. EST, two hours before the event, CrowdStrike stock is retreating 4.2%.
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Source Fool.com
