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June 12, 2019, 11:31 a.m. EDT

CrowdStrike stock soars more than 80% after IPO

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By Emily Bary

Shares of CrowdStrike Holdings Inc. /zigman2/quotes/212513426/composite CRWD -0.79% jumped nearly 87% on Wednesday morning as the cybersecurity stock made its trading debut. The first trade was executed at 11:28 a.m. ET for $63.50. CrowdStrike priced its IPO Tuesday evening at $34 a share, above the high end of its already raised range of $28 to $30 a share. CrowdStrike raised more than $700 million through the offering, which comes as the Renaissance IPO ETF /zigman2/quotes/207665280/composite IPO +0.39% has gained 33% on the year and as the S&P 500 /zigman2/quotes/210599714/realtime SPX -0.48% has climbed 15% in that time.

Read the full story:
CrowdStrike IPO: 5 things to know about the cybersecurity unicorn

/zigman2/quotes/212513426/composite
US : U.S.: Nasdaq
$ 136.35
-1.08 -0.79%
Volume: 2.12M
Sept. 29, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$30.16 billion
Rev. per Employee
N/A
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/zigman2/quotes/207665280/composite
US : U.S.: NYSE Arca
$ 51.85
+0.20 +0.39%
Volume: 267,115
Sept. 29, 2020 4:00p
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/zigman2/quotes/210599714/realtime
US : S&P US
3,335.47
-16.13 -0.48%
Volume: 1.95B
Sept. 29, 2020 5:06p
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