CrowdStrike Stock Jumps After Strong Earnings, Upbeat Outlook—Key Indicator to Watch

Key TakeawaysCrowdStrike shares surged nearly 24% in extended-hours trading Tuesday after the company surpassed quarterly estimates and provided better-than-expected current-quarter and full-year guidance.The company also announced it has agreed to acquire Flow Security in a cash and stock deal aimed at bolstering its cloud data protection.An uptrend line on the CrowdStrike chart connecting several swing lows over the past 14 months may help identify key support areas during future retracements. CrowdStrike ...