CrowdStrike (CRWD) Stock Is Up, What You Need To Know

CrowdStrike's stock surged by 3.4% on October 29th following an upgrade from Arete Research, which raised its price target to $706. This came after the cybersecurity company secured major wins, including being named an industry leader in SaaS security and selling out its Fal.Con Europe conference. The positive momentum led to a boost in investor confidence, driving the stock price up to $547.63. Despite recent volatility, CrowdStrike's stock has risen by 58% this year, making it a lucrative investment for those who followed industry trends and invested in tech and cybersecurity.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.