Crowdstrike Holdings Inc is trading 5.3% down today at $681.23 as investors take profits following a sharp post-earnings run-up and a broad tech-led market selloff.
- Shares had previously rallied strongly on upbeat Q1 results, raised full-year guidance, and a 4-for-1 stock split announcement.
- The stock is giving back gains as growth names face pressure from a declining Nasdaq and renewed concerns over higher interest rates.