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Updated · MarketWatch · May 8CrowdStrike stock rallies 4.36% and outperforms market
11 articles · Updated · MarketWatch · May 8
- Shares closed at $527.77 on Friday as the S&P 500 rose 0.84% to 7,398.93 and the Dow Jones Industrial Average added 0.02% to 49,609.16.
- The gain marked CrowdStrike's second straight daily advance. Trading volume reached 4.0 million shares, above its 50-day average of 3.7 million.
- Despite the rally, the stock finished 6.90% below its 52-week high of $566.90, reached on 12 November.
As insiders sell shares, is CrowdStrike's record stock price an AI-fueled bubble about to pop? Can CrowdStrike's pricey platform win the AI security war against integrated giants like Microsoft and Palo Alto Networks?