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MarketBeat
MarketBeat
Jeffrey Neal Johnson

The Ultimate Cyber Shield: CrowdStrike Rises Past $235

Enterprise software spending has become more selective. Corporate budgets are facing tighter scrutiny, and management teams across corporate America are reviewing seat licenses, trimming cloud spend, and delaying optional application upgrades.

Cybersecurity spending, however, continues to run on an entirely separate track. CrowdStrike Holdings, Inc. (NASDAQ: CRWD) recently cleared established technical resistance near $235 per share, reaching fresh 52-week highs around $242.

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