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CrowdStrike's stock dropped after directors sold shares, despite reporting a 19.8% revenue increase.
CrowdStrike shares fell sharply after two directors sold a significant number of shares.
Despite the insider selling, CrowdStrike reported strong earnings, beating estimates with a 19.8% revenue increase.
Financial analysts remain optimistic, with some raising the price target to $500, citing the company’s robust security portfolio and projected growth.
Meanwhile, Herbst Group LLC invested $2.94 million in CrowdStrike, while SeaCrest Wealth Management reduced its stake by 4.9%.
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Las acciones de CrowdStrike cayeron después de que los directores vendieran acciones, a pesar de informar un aumento del 19,8% en los ingresos.