CrowdStrike Resumes Surge as Valuation Briefly Tops $13 Billion

(Bloomberg) -- CrowdStrike Holdings Inc. continued climbing on Thursday after soaring 71% in its trading debut the day before.

The cybersecurity company rose as much as 15% to $66.80 in New York trading, briefly pushing its market capitalization above $13 billion. That’s more than four times its $3 billion valuation from a private funding round last June.

To contact the reporter on this story: Jeran Wittenstein in San Francisco at jwittenstei1@bloomberg.net

To contact the editors responsible for this story: Catherine Larkin at clarkin4@bloomberg.net, Steven Fromm

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