Why CrowdStrike Stock Just Popped Before Earnings
Shares of cybersecurity powerhouse CrowdStrike Holdings (NASDAQ: CRWD) are up a strong 5.8% as of 11:20 a.m. EDT. Curiously, this jump in share price doesn't come because of strong earnings -- but rather before earnings have even been released. So why did it happen?
Heading into earnings, which are expected to come out Wednesday, analysts at investment banks Barclays Capital and RBC Capital both raised their price targets on CrowdStrike.
Source Fool.com