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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 -2.53% 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 -1.62% has gained 33% on the year and as the S&P 500 /zigman2/quotes/210599714/realtime SPX -0.36% 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
$ 46.20
-1.20 -2.53%
Volume: 2.71M
Oct. 22, 2019 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$10.44 billion
Rev. per Employee
N/A
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/zigman2/quotes/207665280/composite
US : U.S.: NYSE Arca
$ 27.96
-0.46 -1.62%
Volume: 22,999
Oct. 22, 2019 8:00p
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/zigman2/quotes/210599714/realtime
US : S&P US
2,995.99
-10.73 -0.36%
Volume: 1.84B
Oct. 22, 2019 5:03p
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