CrowdStrike Stock Dips as Inflation and Oil Prices Pressure Yields
CrowdStrike is dropping Tuesday as software stocks retreat on rising yields and oil prices, with the move seen as a post-earnings cooldown.
CrowdStrike's stock price went down today because interest rates rose and investors got nervous about software companies. When people worry about the economy, they sometimes sell stocks they own, even if the company is doing okay.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.