CrowdStrike Holdings, Inc. (NASDAQ:CRWD) stock surged 5.07% in the pre-market trading session on Tuesday, as investors cheered the cybersecurity firm's stellar performance in a recent ransomware protection test and bullish comments from renowned investor Jim Cramer.
The rally comes after CrowdStrike announced that its Falcon platform achieved a perfect score in the 2024 SE Labs Enterprise Advanced Security (EDR) Ransomware Test, delivering 100% detection, 100% protection, and 100% accuracy against all known and unknown threats. The platform demonstrated its ability to stop sophisticated lateral movement techniques and provide thorough insights into the entire attack lifecycle.
Furthermore, CNBC's Jim Cramer expressed a positive outlook on CrowdStrike, stating, "that one's going higher." Cramer's optimism stems from the company's successful recovery from a global outage last summer, with its stock now surpassing pre-outage levels. He believes the anniversary of the outage will serve as a catalyst for further gains.
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