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Markets · Investing · Business
Finance
Why CrowdStrike Stock Rocketed Higher Today
Calls for a slowdown in AI development sent the cybersecurity specialist higher.
Shares of CrowdStrike (NASDAQ: CRWD) were trading sharply higher on Monday, soaring as much as 15.4% in early trading and were still up 15.2% as of 12:22 p.m. ET.
The catalyst that sent the cybersecurity stock higher was a call by industry insiders to slow the development of artificial intelligence (AI).
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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.
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