CrowdStrike Holdings, headquartered in Austin, Texas, provides cybersecurity products through its Falcon platform, which integrates data across enterprises to prevent breaches. The company, employing 8,429 staff, went public on June 12, 2019.
CRWD has been in the news recently: CrowdStrike Holdings (NASDAQ: CRWD) shares rose after the company announced an integration with Qualtrics to strengthen security for customer and employee experience programs. Meanwhile, rival Palo Alto Networks reported Q2 revenue of $2.59 billion and EPS of $1.03 but its shares fell over 8% after weaker EPS guidance, as investors sell tech stocks amid wide valuation differences (e.g., Danaher ~25x, Workday ~15x, Micron ~10.5x, Sandisk ~9x).
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