Private Equity

Here's What Wall Street Thinks About Crowdstrike, An Unprofitable Cybersecurity Firm That Raised More Than $600M In Its June Ipo (crwd) | Markets Insider

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Several Wall Street firms initiated coverage of cybersecurity provider CrowdStrike on Monday. CrowdStrike raised $612 million in its IPO, and the stock popped more than 70% on its first day of trading. Here's what Wall Street analysts had to say about the newly-public company. Watch CrowdStrike trade live. Wall Street is ready to talk about CrowdStrike. The cloud-based cybersecurity provider went public in early June, raising $612 million at an initial market capitalization of $6.7 billion. Shares exploded by more than 70% in their first day of trading.

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