Explore the latest developments concerning CrowdStrike (CRWD): Rosenblatt.
CRWD Stock Hits Key Inflection Point Ahead of Earnings
CrowdStrike stock consolidates near record highs as traders await the next earnings catalyst.
Analysts expect another strong quarter, with a whisper number well above consensus.
Options data shows bullish sentiment and rising implied volatility heading into earnings.
After falling alongside many technology stocks at the start of November, CrowdStrike Holdings Inc. (NASDAQ: CRWD) has rebounded sharply, hitting a new all-time high on Nov. 12.
Although shares have since retreated slightly, they are consolidating at a level that would have been considered an all-time high in late October. The renewed strength in CRWD stock comes amid continued market volatility—but when it comes to cybersecurity stocks, and CrowdStrike in particular, investors don’t seem to care.
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