Why CrowdStrike Stock Dropped Today Even After Beating Expectations and Raising Guidance

Shares of cloud-based cybersecurity company CrowdStrike Holdings (CRWD -6.18%) dropped on Wednesday after the company reported financial results for its fiscal third quarter of 2025. Results beat expectations and management raised its full-year guidance. But it didn't raise guidance as much as investors had hoped, which is why CrowdStrike stock was down about 5% as of 10:30 a.m. ET.CrowdStrike's business remains resilientBack on July 19, a glitch in an update to CrowdStrike's software caused massive IT outa ...