CrowdStrike drops 6.7% on weak Q2 forecast amid soft tech spending
(Reuters) -CrowdStrike forecast second-quarter revenue below Wall Street estimates, signaling soft enterprise spending on cybersecurity products, sending the company’s shares down 6.7% after the bell on Tuesday. Higher interest rates and sticky inflation have forced clients to rein in tech spending, weighing on demand for companies such as CrowdStrike, despite an increasing need for robust …