CrowdStrike Lowers Guidance Due to Outage Impact. Is The Worst Over for the Stock?

The stock rallied despite its lowered guidance. A lot of eyes were on CrowdStrike (CRWD 2.06%) when the cybersecurity company reported its fiscal second-quarter results, as investors looked to get a better sense of what the fallout would be from its wellcovered outage this summer. Despite losing more than a quarter of its value since the beginning of July, the stock has nearly doubled over the past year. Let's take a closer look at the company's most recent results and whether the worst appears to be behind ...