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Why CrowdStrike, Zscaler, and Fortinet Stocks Dropped Today

Why CrowdStrike, Zscaler, and Fortinet Stocks Dropped Today

Another hike to the benchmark federal funds interest rate is coming -- and growth investors are nervous. According to experts polled by CNBC, chances are good that when Federal Reserve officials announce their decision on interest rates Wednesday, the hike will be a relatively benign 25 basis points (0.25 percentage points). Investors in growth stocks -- and cybersecurity stocks CrowdStrike Holdings (NASDAQ: CRWD), Fortinet (NASDAQ: FTNT), and Zscaler (NASDAQ: ZS) in particular -- aren't 100% certain they like the sound of that.