Why CrowdStrike Holdings, Inc. (CRWD) Crashed On Wednesday

We recently published a list of Investors Are Dumping These 10 Stocks. In this article, we are going to take a look at where CrowdStrike Holdings, Inc. (NASDAQ:CRWD) stands against other worst-performing stocks on Wednesday.

CrowdStrike saw its share price decline by 5.77 percent to close at $460.56 each as investors sold off positions following its disappointing earnings performance in the first quarter of fiscal year 2026.

In a statement, CrowdStrike Holdings, Inc. (NASDAQ:CRWD) swung to an attributable net loss of $110 million from a $42.8-million attributable net income in the same period last year.

Revenues increased by 19.76 percent to $1.1 billion from $921 million registered year-on-year.

For the second quarter, CrowdStrike Holdings, Inc. (NASDAQ:CRWD) said it expects to hit between $1.144 billion and $1.151 billion in revenues, and earnings per share of $0.82 to $0.84 cents.

For the full-year period, CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is targeting between $4.7 billion and $4.8 billion in revenues, and $3.44 to $3.56 in earnings per share.

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Disclosure: None. This article is originally published at Insider Monkey.