CrowdStrike Holdings, Inc. CRWD shares are trading lower Wednesday amid competition concerns from Microsoft MSFT.
What To Know: The concerns stem from Microsoft Entra Internet Access and Microsoft Entra Private Access, two new products which are part of Microsoft's effort to expand further into protecting identities and access.
Other features of the Microsoft Entra portfolio meant to fortify defenses against attackers include real-time prevention of identity takeover. ID Protection leverages the capabilities of advanced machine learning to detect irregularities in sign-in patterns and user behavior, promptly taking action to restrict, challenge, or reduce access in real-time.
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CRWD Price Action: Shares of CRWD are down 2.44% at $147.11 at the time of publication, according to Benzinga Pro.
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