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Barchart
Barchart
Aritra Gangopadhyay

Is CrowdStrike Stock Outperforming the S&P 500?

Austin, Texas-based CrowdStrike Holdings, Inc. (CRWD) provides cybersecurity solutions in the United States and internationally. The company has a market cap of $258.2 billion and offers a unified platform that provides cloud-delivered protection of endpoints, cloud workloads, identity, and data through a software-as-a-service (SaaS) subscription-based model.

Companies with a market cap of $200 billion or more are typically referred to as “mega-cap stocks.” CRWD fits squarely in that category, with a market cap above this threshold that reflects its size and influence in the software infrastructure industry. CRWD is one of the biggest providers of corporate endpoint and cloud workload security, managed security, security and vulnerability management, IT operations management, identity protection, threat intelligence, and other offerings to large corporations.

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