Why Shares of CrowdStrike Jumped 19% Through the First Half of 2021
The stock of endpoint security software leader CrowdStrike Holdings (NASDAQ: CRWD) jumped 19% through the first half of 2021, according to data from S&P Global Market Intelligence. Endpoint security, which protects devices connected to the internet or an organization's private network, was a high-growth segment of the cybersecurity space before the pandemic, but COVID-19 turned endpoint software into a staple.
And even as the pandemic starts to ease, it's leaving its mark on society. Things like remote work and cloud computing are here to stay, and CrowdStrike's high-growth story remains intact as a result.
For those who invested in CrowdStrike early on after its summer 2019 IPO, it's been an immensely profitable journey thus far. Shares are now up more than 350% in a little over two years' time. And there's plenty left in the tank.
Source Fool.com
