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This $700 stock 'lost' 75% overnight, but here's why Wall Street isn't panicking

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This $700 stock 'lost' 75% overnight, but here's why Wall Street isn't panicking

CrowdStrike (CRWD) shares appeared to plunge from about $773 (Wednesday close) to ~$193 on split-adjusted screens, but the move reflects a scheduled 4-for-1 stock split taking effect rather than a fundamental selloff.

Analysis

CrowdStrike (CRWD) shares appeared to plunge from about $773 (Wednesday close) to ~$193 on split-adjusted screens, but the move reflects a scheduled 4-for-1 stock split taking effect rather than a fundamental selloff.

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