Why CrowdStrike Stock Plunged 28% in September

Last month, CrowdStrike Holdings (NASDAQ: CRWD) stock plummeted 28.3%, according to data from S&P Global Market Intelligence. For context, the S&P 500 returned 1.9% in September.

Despite the drop, however, through Oct. 4, shares are still up 88% since the cloud-based cybersecurity provider's June initial public offering (IPO) at $34 per share. 

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Source Fool.com