Tuesday, March 4, 2025

CrowdStrike Rockets on Nasdaq Debut: Value Jumps to Over $11 billion

From CNBC CrowdStrike opened its first day of trading on the Nasdaq with a share price of $63.50, surging from its IPO price of $34. The company provides cloud-based security software to companies like Amazon Web Services and Credit Suisse. CrowdStrike recorded a net loss of $140 million for the year ended Jan. 31, while revenue more than doubled to