June 4 : CrowdStrike shares slid 11 per cent in Thursday's premarket trading after the cybersecurity firm's annual recurring revenue (ARR) growth failed to impress investors expecting a boost from AI investments. The stock had rallied 60 per cent in May. CrowdStrike's ARR grew 22 per cent year-over-year to $4.44 billion, of which $193.8 million of net new ARR was added in the first quarter. Morgan Stanley analysts said the sell-off was due to "relatively skinnier net new ARR beat this quarter