Is CrowdStrike Stock Set to Soar?

CrowdStrike (NASDAQ: CRWD) was nearly the undisputed best cybersecurity investment prior to its July 19 outage incident. After that problem, CrowdStrike's position seemed a little less certain. With all the computers CrowdStrike's update crashed on, the knee-jerk reaction was to sell the stock because it was trading at a premium price point, and nobody knew what the long-term effects on its business would be.However, investors have recently received some updates on its status, which has caused the stock to move higher. So, with new news in hand, could CrowdStrike soar to new all-time highs?CrowdStrike's all-time high was set in early July, with shares closing at $392. That means it's off those highs by around 25%, a significant gap to close.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool