KRE - IPOs Fiverr And CrowdStrike Are Rocking - Here Come Doppelgangers Upwork And Zscaler
How is one twin different from another? Trick question, they aren't
Fiverr (FVRR) shot up 90% yesterday, and of course, CrowdStrike (CRWD) raised $612 million in one of the biggest IPO offerings ever for a cybersecurity company. CRWD shot up 90% as well. We have existing public doppelganger companies, Upwork (UPWK) went public in October, soared as well, and now fell back to its IPO price. CRWD arguably has more sibs, like Zscaler (ZS), Proofpoint (PFPT), Fortinet (FTNT), CyberArk (CYBR), and the list goes on. Some would flat out say that ZS is a superior