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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/lastsale CRWD -0.32% 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/lastsale IPO +0.28% has gained 33% on the year and as the S&P 500 /zigman2/quotes/210599714/realtime SPX +1.21% has climbed 15% in that time.

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

/zigman2/quotes/212513426/lastsale
US : U.S.: Nasdaq
$ 58.60
-0.19 -0.32%
Volume: 1.12M
March 30, 2020 10:15a
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$12.53 billion
Rev. per Employee
N/A
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/zigman2/quotes/207665280/lastsale
US : U.S.: NYSE Arca
$ 26.39
+0.07 +0.28%
Volume: 1,914
March 30, 2020 10:06a
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/zigman2/quotes/210599714/realtime
US : S&P US
2,572.32
+30.85 +1.21%
Volume: 565.64M
March 30, 2020 10:15a
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