Shares of CrowdStrike (NASDAQ: CRWD) surged higher on Monday. The company's stock had gained 3.7% as of 10:50 a.m. ET but had been up as much as 5.4% earlier in the day. The move up comes as the S&P 500 and Nasdaq Composite had gained 0.2% and 0.3%, respectively.
CrowdStrike is a California-based cybersecurity platform that offers solutions such as incident response and threat detection for industries including retail and healthcare.