Cybersecurity
Cybersecurity Stocks Drop as CrowdStrike Warns Headwinds Are Growing
- Zscaler, SentinelOne among stocks sinking in extended trading
- CrowdStrike warned of ‘increased macroeconomic headwinds’
This article is for subscribers only.
A disappointing revenue forecast from CrowdStrike that the cybersecurity company blamed on “increased macroeconomic headwinds” sent the shares of peers lower in postmarket trading.
Zscaler Inc. and SentinelOne Inc. fell more than 5% on Tuesday after US markets closed. Palo Alto Networks Inc., Fortinet Inc. and Cloudflare Inc. dropped more than 3%.