Why CrowdStrike Stock Rallied Nearly 15% in September
Things are coming up roses for the cybersecurity specialist.
Overview
September was a banner month for CrowdStrike (NASDAQ:CRWD), with the stock jumping as much as 14.6%, according to data supplied by S&P Global Market Intelligence.
The broader market edged lower last month, with the S&P 500 down 0.5% during the same period. However, the cloud-based cybersecurity specialist bucked the trend, driven higher by the launch of a bold, new industry initiative and Wall Street’s increasingly bullish sentiment about CrowdStrike's prospects.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.