PANW - CrowdStrike Impresses With Platform Strategy
Quick Take
Crowdstrike (OTC:CRWD) went public on June 11, 2019 at a price of $34.00 per share, raising $612 million in gross proceeds.
The firm provides enterprises and other organizations with endpoint security software and services.
CRWD is producing impressive financial and operational results while dramatically expanding its addressable markets through its platform approach, so I’m Bullish on the stock at its current level.
Company
Sunnyvale, California-based CrowdStrike was founded in 2011 to provide cloud-based endpoint security solutions that protect virtual, on-premise, and cloud environments on a variety of endpoints, including desktops, servers,