CRWD Retreats After Cramer Cites Panic Driven Selling
Jim Cramer argued that recent selling in CrowdStrike shares was driven more by panic and fear than by anything fundamental, noting that parabolic moves make stocks vulnerable when deals get priced. The company beat estimates and raised guidance, and Morgan Stanley bumped its price target on the back of stronger-than-expected AI-driven demand. Cramer’s tweets and...