Shares of CrowdStrike Holdings, Inc. (CRWD) slipped nearly 7% on Thursday morning after reporting first-quarter 2027 results.
The stock is currently trading at $697.30, down $50.31 or 6.73%, on the Nasdaq. It opened at $674.07 after closing the previous session at $747.61. The stock has traded between $342.72 and $785.66 over the past 52 weeks.
CrowdStrike reported first-quarter revenue of $1.39 billion, up 26% year-over-year, while annual recurring revenue (ARR) grew 24% to $5.51 billion. The company generated record quarterly net new ARR of $255.8 million, up 32% from a year earlier.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.