What's Going On With CrowdStrike Holdings Stock?
Portfolio Pulse from Erica Kollmann
CrowdStrike Holdings, Inc. (NASDAQ:CRWD) shares are trading higher, setting a new 52-week high at $185.25. The conflict between Israel and Hamas has increased the possibility of cyberattacks, leading to heightened investor interest in CrowdStrike. The company's stock is trading well above its 50-day moving average of $158.68. CrowdStrike, in partnership with Amazon Web Services (AWS), has announced the creation of the AWS & CrowdStrike Cybersecurity Startup Accelerator for EMEA-based startups.
October 09, 2023 | 5:06 pm
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CrowdStrike's stock is trading higher due to increased concerns about cyberattacks and the company's recent partnership with AWS. The stock is well above its 50-day moving average.
The conflict between Israel and Hamas has heightened the possibility of cyberattacks, leading to increased investor interest in cybersecurity companies like CrowdStrike. Additionally, the company's recent partnership with AWS for a cybersecurity startup accelerator could potentially boost its business and reputation in the sector.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100