CrowdStrike Stock Has Tumbled. A Director Scooped Up Shares.

CrowdStrike Holdings


stock tumbled in 2022, and one director scooped up shares of the provider of security software in the last week of that year.

CrowdStrike (ticker: CRWD) lost about half of its market value last year. It and other software companies are seeing customers cut spending as economic uncertainty looms. At the end of November, the company provided a disappointing fiscal-fourth-quarter outlook, sending its shares sliding. Just three months before, CrowdStrike had raised guidance, which might indicate how difficult it is for tech companies to navigate the current climate.