CrowdStrike Shares Dip Amid Market Pullback and Inflation Concerns

On August 29, 2025, shares of cybersecurity platform provider CrowdStrike (NASDAQ:CRWD) fell 4% in the afternoon session as the broader market pulled back, with the decline concentrated in the tech space. This was due to investors engaging in profit-taking following a robust week that saw the S&P 500 hit a new record.

Adding to the pressure, new inflation data, specifically the Core PCE, showed an acceleration in July, signaling that rising prices remain a risk despite being in line with expectations. This confluence of factors, including market highs heading into a historically weak September, led to a pullback, with the Nasdaq Composite shedding 1.15%.

While the Federal Reserve has hinted at potential rate cuts, the focus on inflation and the jobs market continues to influence investor sentiment. CrowdStrike's shares closed the day at $423.77, down 4.1% from the previous close.

Despite the stock market volatility, CrowdStrike's performance remains strong. The cybersecurity firm surpassed analyst estimates for the second quarter, reporting revenue of $1.17 billion and adjusted earnings of $0.93 per share. The company's revenue guidance for the next quarter came in slightly below consensus estimates, but investors were instead focusing on positive metrics, such as the 20.6% year-over-year growth in Annual Recurring Revenue (ARR) to $4.66 billion and a 4.6% increase in the company's full-year adjusted earnings guidance.