What do you make of CRWD not rallying pre-earnings? We’re…
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What do you make of CRWD not rallying pre-earnings?
We’re 4 trading days out from earnings call. The stock typically rallies intensely prior to earnings, usually a week or two out. Not doing that this time. Broader market dropping probably has something to do with it but even then, wouldn’t have expected the stock to drop as much as it has in the last 5 days ($225 -> $190). Would have expected its typical pre earnings rally to at least cancel out and make it flat. Very atypical for the stock. I’m so used to the stock rallying pre earnings and crashing right after that I honestly can’t judge what to make of it.
#business
We’re 4 trading days out from earnings call. The stock typically rallies intensely prior to earnings, usually a week or two out. Not doing that this time. Broader market dropping probably has something to do with it but even then, wouldn’t have expected the stock to drop as much as it has in the last 5 days ($225 -> $190). Would have expected its typical pre earnings rally to at least cancel out and make it flat. Very atypical for the stock. I’m so used to the stock rallying pre earnings and crashing right after that I honestly can’t judge what to make of it.
#business
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