Why Stocks Like HubSpot, Datadog, Fastly, CrowdStrike, and Criteo All Pulled Back Sharply Today

Jon Quast, The Motley Fool
·4 min read
Why Stocks Like HubSpot, Datadog, Fastly, CrowdStrike, and Criteo All Pulled Back Sharply Today

While it's too soon to call this a bear market, the Nasdaq index officially entered correction territory on Thursday. As of 3 p.m. EST, the Nasdaq was down about 10.2% from all-time highs set in February. Stocks like customer relationship management company HubSpot (NYSE: HUBS), data-analytics business Datadog (NASDAQ: DDOG), content delivery network Fastly (NYSE: FSLY), cybersecurity operator CrowdStrike Holdings (NASDAQ: CRWD), and advertising-technology company Criteo (NASDAQ: CRTO) were all down between 5% and 10% as of this writing.