Photo: Scott Olson/Getty Images

Elizabeth Warren's campaign sounded an alarm on Friday to its supporters, saying in an email that it has only raised $17 million so far in the fourth quarter, per CNBC.

Why it matters: With just days left before the quarter's end on Dec. 31, that number is — at the moment — down 30% from the $24.6 million Warren brought in during the third quarter.

The state of play: The email says the campaign is aiming to finish the quarter having raised $20 million.

  • Even hitting $20 million would be an 18.7% drop from the third quarter.

The big picture: Cory Booker and Julián Castro both utilized similar strategies to rally their supporters to raise cash quickly to keep their campaigns alive.

  • While Warren's campaign didn't paint its money woes as existential, it is likely attempting to avoid bad news on the fundraising front in early 2020 — especially given her polling slips in recent weeks.

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