Why Cybersecurity Stocks Like CrowdStrike Triumphed Today

·2-min read
Why Cybersecurity Stocks Like CrowdStrike Triumphed Today

Not for the first time in recent days, the cybersecurity sector had quite a good ride on Thursday. Shares of many top titles in the industry traded higher than the S&P 500 index, with CrowdStrike (NASDAQ: CRWD) rising 1%, Palo Alto Networks (NASDAQ: PANW) advancing by 1.6%, and Fortinet (NASDAQ: FTNT) well out in front with a 3.3% gain. The note was authored by Jefferies' (NYSE: JEF) Joseph Gallo.