Let's take a look at three of those companies: Snowflake (NYSE: SNOW), Twilio (NYSE: TWLO), and CrowdStrike (NASDAQ: CRWD). Many high-growth tech stocks have seen price pullbacks over the past few months, due to concerns about higher bond yields, inflation, and decelerating growth for companies that benefited from the pandemic. Most cybersecurity companies install on-site appliances to support their services, which can be expensive to maintain and difficult to scale as an organization expands.