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CrowdStrike rallies to record on cybersecurity company's inclusion in S&P 500 - TL;DR CNBC

CrowdStrike rallies to record on cybersecurity company's inclusion in S&P 500

Publishing timestamp: 2024-06-10 16:02:43


Summary

CrowdStrike is replacing Comerica in the S&P 500 U.S. index, leading to a 7% jump in their shares. The addition to the benchmark index is expected to result in fund managers purchasing around 30 million shares of CrowdStrike. The company has been profitable in the past five quarters and has a market cap of over $90 billion. CEO George Kurtz expressed pride in the company's achievements since its inception in 2011.


Sentiment: POSITIVE

Tickers: CMAKKRILMNGDDYCRWDRHI

Keywords: kkr & co inctechnologybusiness newsenterprisecomerica incrobert half international inccrowdstrike holdings incbreaking news: technologygodaddy incbusinessillumina inc

Source: https://www.cnbc.com/2024/06/10/crowdstrike-rallies-on-cybersecurity-companys-inclusion-in-sp-500-.html


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