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Earnings Results: CrowdStrike stock drops nearly 20% as new subscriptions slow

  • marketwatch.com--Biztoc.com
  • published date: 2022-11-30 05:04:03 UTC

CrowdStrike Holdings Inc. shares dropped in the extended session Tuesday after the cybersecurity company said new subscriptions came in below expectations amid macro headwinds and longer customer buying cycles. Given concern that businesses are cutting back o…

CrowdStrike Holdings Inc. shares dropped in the extended session Tuesday after the cybersecurity company said new subscriptions came in below expectations amid macro headwinds and longer customer buy… [+947 chars]