CrowdStrike Lowers Guidance Due to Outage Impact. Is The Worst Over for the Stock?

A lot of eyes were on CrowdStrike (NASDAQ: CRWD) when the cybersecurity company reported its fiscal second-quarter results, as investors looked to get a better sense of what the fallout would be from its well-covered outage this summer.

Despite losing more than a quarter of its value since the beginning of July, the stock has nearly doubled over the past year.

Let's take a closer look at the company's most recent results and whether the worst appears to be behind the stock.

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Source Fool.com