CrowdStrike Almost Doubles in Debut as Tech IPOs Rush Ahead

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CrowdStrike Almost Doubles in Debut as Tech IPOs Rush AheadShares opened at $63.50 in New York and rose as much as 97% from their IPO price to $67. CrowdStrike sold 18 million shares on Tuesday at $34 each, above its already elevated target range, the company said in a statement confirming an earlier report by Bloomberg. Founded in 2011 by former McAfee Inc. executives, CrowdStrike makes software to protect clients from cyberattacks, including predicting and detecting potential hacks.


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