Following today's gains, the stock is now valued at roughly 109 times this year's expected earnings and has a market capitalization of roughly $101 billion. While the current valuation may look rich given the pace of recent earnings growth, the company will likely see operating expenses rise slower and return to stronger profit expansion next year.

While CrowdStrike’s market performance today is catching attention, it’s the company’s remarkable achievements in cybersecurity that are fueling the interest. Recently, CrowdStrike announced its Falcon® platform achieved an impressive 100% detection,

Shares of CrowdStrike ( CRWD -3.54%) jumped 34% in 2024, according to data provided by S&P Global Market Intelligence. In July, CrowdStrike stock was trading up more than 50% for the year but then it had a major incident involving a faulty software upgrade.

Crowdstrike Holdings Inc (CRWD) stock saw a decline, ending the day at $377.7 which represents a decrease of $-0.28 or -0.07% from the prior close of $377.98. The stock opened at $376.81 and touched a low of $371.

CrowdStrike Holdings, Inc. (NASDAQ:CRWD – Get Free Report)’s stock price traded down 2.8% on Friday after an insider sold shares in the company. The company traded as low as $349.55 and last traded at $353.

Cloudflare (NYSE: NET) stock surged in Tuesday's trading. The web services and cybersecurity specialist's share price ended the day's trading up 10.7% amid the backdrop of a 0.8% gain for the S&P 500 index and a 2% jump for the Nasdaq Composite index.