CrowdStrike Stock Drops 4.21% Amid $19.31 Billion Trading Volume Ranking 23rd as SEC and DOJ Probe $32 Million Deal

Generated by AI AgentAinvest Market Brief
Friday, May 9, 2025 8:01 pm ET1min read

On May 9, 2025,

(CRWD) experienced a 4.21% decline in its stock price, with a trading volume of $19.31 billion, ranking 23rd in the day's market activity.

U.S. prosecutors and regulators are investigating a $32 million deal between

and Carahsoft, focusing on what senior executives at CrowdStrike may have known about the transaction. This probe is part of a broader review of other deals conducted by CrowdStrike, which has raised concerns about potential discrepancies and pre-booking issues.

The investigation, led by the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ), has added to the uncertainty surrounding CrowdStrike's recent activities. The scrutiny comes at a time when the company is already facing challenges in the market, with investors closely monitoring the outcome of these regulatory inquiries.

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