Overview
CrowdStrike Holdings Inc. (CRWD, Financial) went public on Wednesday with an initial offering price of $34 per share. The stock almost doubled in the first few hours of trading.
The cybersecurity company has 2,500 customers who pay for its services. Some of its customers include Amazon Web Services and Credit Suisse (CS, Financial). CrowdStrike reported a net loss of $140 million and revenues of $250 million last year.Â
On Wednesday, CEO George Kurtz discussed cybersecurity with CNBC and how the company is able to protect its clients through an artificial intelligence system.
Interview
CrowdStrike CEO George Kurtz on the company's IPO from CNBC.
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