Why CrowdStrike Stock Surged on Monday
Shares of CrowdStrike (NASDAQ: CRWD) were trading higher on Monday. The cloud-based endpoint security specialist jumped as much as 9.9% in early trading and was still up 9.1% as of 11:58 a.m. ET.
The catalyst that sent the cybersecurity stock higher was the announcement it would be joining one of the major trading indexes.
A statement released after the market close on Friday revealed that CrowdStrike would be joining the S 500. The stock will be replacing Robert Half when the market opens on Monday, June 24. In a press release marking the change, S Global noted, "The changes ensure each index is more representative of its market capitalization range."
Source Fool.com
CrowdStrike Holdings Inc Stock
The stock is an absolute favorite of our community with 153 Buy predictions and no Sell predictions.
As a result the target price of 321 € shows a positive potential of 20.54% compared to the current price of 266.3 € for CrowdStrike Holdings Inc.