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Why CrowdStrike Stock Slipped 14.4% in October

TheMotleyFool

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Why CrowdStrike Stock Slipped 14.4% in OctoberPhoto, wide shot, wide-angle lens, Computer hardware manufacturer, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Edward Burtynsky: https://img.theapi.app/temp/32e7a10f-efd0-424a-861f-2f3e0bb7ce02.png

Shares of CrowdStrike (NASDAQ: CRWD) slumped 14.4% in October, according to data from S&P Global Market Intelligence. The cloud cybersecurity company's stock posted significant sell-offs following a couple of analyst downgrades and a broader pullback for cloud-software stocks.