Tag: crowdstrike drops
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CrowdStrike drops as revenue growth fails to impress investors despite AI push
June 4 : CrowdStrike shares slid 11 per cent in Thursday’s premarket trading after the cybersecurity firm’s annual recurring revenue (ARR) growth failed to impress investors expecting a boost from AI investments.The stock had rallied 60 per cent in May.CrowdStrike’s ARR grew 22 per cent year-over-year
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