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Benzinga
Benzinga
Business
Adam Eckert

Why CrowdStrike Stock Is Trading Higher

CrowdStrike Holdings Inc (NASDAQ:CRWD) shares are trading higher Friday morning after the company announced it received a Provisional Authorization to Operate at Impact Level 4 to protect critical U.S. Department of Defense assets.

The authorization enables CrowdStrike to deploy its Falcon cybersecurity platform to a broad range of Department of Defense and Defense Industrial Base customers to protect their controlled unclassified information.

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