If sentiment were to worsen, then I can see CRWD trading down as much as 30% to trade in-line with peers.

Source: https://seekingalpha.com/article/4605640-crowdstrike-stock-conservative-guidance-30-percent-growth-30-percent-margins-reiterate-buy?source=feed_all_articles

Several other hedge funds have also recently made changes to their positions in CRWD.

Source: https://www.etfdailynews.com/2023/07/12/d-a-davidson-co-has-3-14-million-holdings-in-crowdstrike-holdings-inc-nasdaqcrwd/