World News: 21:58 GMT Wednesday 12th June 2019. [Yahoo Business News Feed via SPi World News]
Shares 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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