Shares in cybersecurity firm CrowdStrike fell amid a report that its top executives are part of a government probe involving a technology distributor and the IRS.

CrowdStrike CRWD -5.14% said it is cooperating with federal authorities in connection with an incident last July, in which a bug in the company’s software knocked millions of computers offline.

CrowdStrike is under probe for a $32 million deal between the company and Carahsoft to supply cybersecurity software to the Internal Revenue Service.

CrowdStrike (CRWD) stock is dipping on Bloomberg reports that the company's $32 million deal with Carahsoft Technology Group is under investigation by US regulators.

The House Committee on National Security is only the latest US regulatory body to probe the Crowdstrike outage, following briefing requests from the House Oversight Committee and the House Energy ...

This regulatory attention has cast a shadow over CrowdStrike’s stock, contributing to the decline in its share price during the trading session.

CrowdStrike reiterated its fiscal 2026 first quarter and annual forecasts on Wednesday and announced a plan to cut about 500 roles, roughly 5% of its workforce, to streamline operations and reduce ...

Crowdstrike shares slid Wednesday, a day after the cybersecurity company said in a regulatory filing it plans to cut roughly 500 jobs, or 5% of its workforce.

CrowdStrike said it will cut about 500 jobs, or 5% of its global workforce, as part of a plan to drive efficiencies in the business.

CrowdStrike said Wednesday that it would cut 500 jobs, or 5% of its global workforce, as part of a plan to scale its business and meet a goal of $10 billion in annual recurring revenue, according ...

CrowdStrike faces headwinds like SEC probes and weak guidance. Read why CRWD stock is downgraded to Sell, with sideways movement expected through FY 2026.