2 Cybersecurity Stocks Moving Sharply After Earnings
CRWDCrowdStrike(CRWD) Schaeffers Investment Research·2024-08-29 22:22

It's the cybersecurity sector's turn to take the spotlight after earnings. CrowdStrike Holdings Inc (NASDAQ:CRWD) and Okta Inc (NASDAQ:OKTA) are in focus after the former cut its forecast for the fiscal third quarter and issued a lackluster full-year outlook, while the latter is brushing off a second-quarter top- and bottom-line beat after billings slipped below estimates.CRWD was last seen 7.1% higher to trade at $282.86, reversing premarket losses despite seeing no fewer than seven price-target cuts, incl ...