Is It Too Late to Buy CrowdStrike Stock?
CrowdStrike's (NASDAQ: CRWD) stock price dropped 12% during after-hours trading on May 31 following its latest earnings report. For the first quarter of fiscal 2024, which ended on April 30, the cloud-based cybersecurity company's revenue rose 42% year over year to $693 million and exceeded analysts' estimates by $16 million. Is it too late to buy some shares of this high-growth cybersecurity company?