Austin, Texas-based CrowdStrike Holdings, Inc. (CRWD) is a cybersecurity company with a market cap of $111.3 billion. Its unified platform provides cloud-delivered protection of endpoints, cloud workloads, identity, and data through a Software-as-a-Service (SaaS) subscription-based model.
This cybersecurity company has underperformed the broader market over the past 52 weeks. Shares of CRWD have gained 11.2% over this time frame, while the broader S&P 500 Index ($SPX) has surged 14.3%. Moreover, on a YTD basis, the stock is down 5.8%, compared to SPX’s 1.4% return.
