CrowdStrike (CRWD) stock slides 5% in a software rout — what investors watch next
CrowdStrike shares dropped 5.3% to $444.62 Thursday, tracking a sharp selloff in software stocks after weak cloud forecasts from SAP and ServiceNow reignited AI disruption fears. The S&P 500 Software and Services Index fell 8.7%. After hours, CrowdStrike stock was little changed. Investors now await the company’s earnings report in early March.