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Aug. 24, 2021, 11:19 a.m. EDT

CrowdStrike stock rallies on addition to Nasdaq 100

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By Wallace Witkowski

CrowdStrike Holdings Inc. /zigman2/quotes/212513426/composite CRWD -1.05% shares rallied Tuesday after the cybersecurity company’s stock was added to the Nasdaq 100 Index /zigman2/quotes/210598364/realtime NDX +0.63% . CrowdStrike shares surged as much as 9%, touching an intraday high of $267.98. Late Monday, Nasdaq announced that CrowdStrike would replace integrated-circuit maker Maxim Integrated Products Inc. on the index. The Nasdaq 100 is an index comprising the 100 largest Nasdaq-listed non-financial companies. At last check, CrowdStrike had a market cap of just over $60 billion, while Maxim had a cap of about $28 billion. CrowdStrike shares have surged 140% over the past 12 months, compared with a 32% gain on the Nasdaq 100.

/zigman2/quotes/212513426/composite
US : U.S.: Nasdaq
$ 273.11
-2.90 -1.05%
Volume: 2.55M
Oct. 15, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$62.34 billion
Rev. per Employee
$257,642
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/zigman2/quotes/210598364/realtime
US : U.S.: Nasdaq
15,146.92
+94.50 +0.63%
Volume: 558,393
Oct. 15, 2021 5:16p
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