Why CrowdStrike Stock Scored a 50% Gain in the First Half of 2024

On June 4, CrowdStrike laid a lot of concerns to rest by reporting results for its first quarter of fiscal year 2025, ended April 30, 2024. Management had guided for revenue of $906 million, at best. But the company delivered revenue of $921 million, which was a strong 33% jump from the prior-year period. Shares of cybersecurity company CrowdStrike (CRWD 0.44%) scored a 50.1% gain in the first half of 2024, according to data provided by S&P Global Market Intelligence. The bulk of the stock's gains came last ...