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Why CrowdStrike Stock Surged 13.1% in June

TheMotleyFool

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Why CrowdStrike Stock Surged 13.1% in JunePhoto, wide shot, wide-angle lens, Consumer electronics manufacturer, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Hiroshi Sugimoto: https://img.theapi.app/temp/d8a4268f-c982-4aa8-a09e-f9ee1db62f57.png

Shares of cybersecurity disruptor CrowdStrike (NASDAQ: CRWD) rose 13.1% in June, according to data from S&P Global Market Intelligence. The company reported its typical strong earnings results on June 3, while one analyst gave a very bullish upgrade later in the month.

Also important, growth stocks like CrowdStrike broadly rebounded in June, as fears of runaway inflation, which took hold in April and May, seemed to abate.

Image source: Getty Images.

Source Fool.com

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