Why CrowdStrike Stock Surged on Monday

The endpoint security specialist will be joining one of the preeminent stock market indexes. Joining the S&P 500 To be eligible to join the S&P 500, a business must be a U.S.-based company with a market cap of at least $8.2 billion. Furthermore, at least 50% of its shares outstanding must be publicly traded, and the company must have been profitable in its most recent quarter and cumulatively profitable over the past four quarters. Just last week, the company continued its relentless trek higher. For its fi ...