What's Going On With CrowdStrike Holdings Stock?

CrowdStrike Holdings, Inc. CRWD shares are trading higher Monday, and the stock set a new 52-week high at $185.25.

What To Know:

Due to the conflict between Israel and Hamas, there is a heightened uncertainty surrounding the possibility of cyberattacks which may be leading to an increased investor interest in CrowdStrike shares.

CrowdStrike stock is trading well above its 50-day moving average of $158.68, and shares are moving on heavy trading volume Monday.

According to data from Benzinga Pro, more than 3.1 million shares have already been traded in the session, compared to the stock's 100-day average of 3.409 million shares.

At the end of September, CrowdStrike in partnership with Amazon Web Services (AWS) announced the creation of the Amazon Web Services (AWS) & CrowdStrike Cybersecurity Startup Accelerator for EMEA-based startups. Applications for the AWS & CrowdStrike Cybersecurity Accelerator are open until Oct. 31.

Related News: What's Going On With Overstock.com Stock? 

CRWD Price Action: According to Benzinga Pro, CrowdStrike shares are up 2.45% at $181.02 at the time of publication.

Image: Pete Linforth from Pixabay

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