Why CrowdStrike Stock Is Tumbling Today

Shares of cybersecurity company CrowdStrike Holdings (NASDAQ: CRWD) were falling today following the Federal Reserve's decision yesterday to hike the federal funds rate by an additional 75 basis points. 

The tech stock was down by 5.1% as of 1:58 p.m. ET. 

High-growth technology stocks are especially vulnerable to the Fed's decision as an increase in interest rates makes it more expensive for companies to borrow money. 

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Source Fool.com