Why CrowdStrike Fell Today on an Up Day for the Nasdaq
Shares of (NASDAQ: CRWD) fell in today's trading, down as much as 4.8% before recovering to a 3.7% decline as of the end of trading, even as the broader finished strongly, up 0.8%.
It wasn't too difficult to figure out why, as a major Wall Street sell-side analyst downgraded CrowdStrike's shares and lowered its price target ahead of the company's earnings report on Wednesday.
But is this short-term call really something for long-term investors to worry about?
Source Fool.com
CrowdStrike Holdings Inc Stock
€207.80
-2.960%
With 141 Buy predictions and 2 Sell predictions CrowdStrike Holdings Inc is one of the favorites of our community.
With a target price of 322 € there is a hugely positive potential of 54.96% for CrowdStrike Holdings Inc compared to the current price of 207.8 €.
