CrowdStrike Soars After Joining S&P 500

Cybersecurity firm sees significant stock surge as it replaces Comerica in the benchmark index.

• CrowdStrike shares jumped nearly 10% following the announcement of its inclusion in the S&P 500.
• The changes, effective June 24, also see KKR and GoDaddy joining the index.
• Inclusion in the S&P 500 often leads to increased buying from index-tracking funds.
• CrowdStrike has reported consistent profitability and strong revenue growth.
• The company leverages AI to enhance its cybersecurity solutions.

4 Articles

CNBC Yahoo Finance Investopedia Benzinga