Remember the global computer crash of July 2024? One year ago a faulty CrowdStrike update brought the entire world of IT to a halt while overworked sysadmins scrambled to purge the broken patch and restore critical systems. Many feared it was the end for the company as its stock initially plummeted from around $345. However CrowdStrike mounted an unbelievable comeback through crisis management and closed door dealings. Today CRWD is at a whopping $470+ highlighting just how much quality of your product does not matter in today's economy. It's a valuable lesson for investors to recognize fundamentals are only a small, often insignificant contribution to the valuation of a company.
CrowdStrike
CRWD
trading on NASDAQ
since 2019
$474.98
(Δ 0.72%
)
+$3.41
since open
CrowdStrike is a leader in cloud-native cybersecurity solutions, offering an endpoint protection platform that leverages artificial intelligence to detect and stop cyber threats in real time.
type | open | high | low |
market cap |
volume |
---|---|---|---|---|---|
stock | $471.00 | $476.87 | $465.52 | $117.62B | 2.10M |
eps | p/e | p/s |
operating margin |
profit margin |
yield |
+$0.19 | 949.96 | 123.82 | 1.42% | 4.84% | 0% |