Based in Austin, Texas, CrowdStrike Holdings, Inc. (CRWD) is a global cybersecurity company that provides cloud-delivered protection of endpoints, cloud workloads, identity, and data. With a market cap of $109.9 billion, the company’s unified platform, Falcon, is designed to consolidate cybersecurity functions and is purpose-built to stop breaches.
Shares of the cybersecurity giant have significantly outperformed the broader market over the past 52 weeks. CRWD has advanced 35.2% over this period, while the broader S&P 500 Index ($SPX) has gained 8.6%. Moreover, shares of CRWD are up 23.5% on a YTD basis, compared to SPX’s 4.3% drop.
