Key Factors Driving Investor Growth in CrowdStrike Stock's IPO in 2019
If You Invested $5,000 in CrowdStrike Stock's IPO in 2019, This Is How Much You Would Have Today
Investors have made out well, but that doesn't mean the good times are over. Investors can be forgiven if they chose not to invest in the initial public offering (IPO) of CrowdStrike Holdings (NASDAQ: CRWD) in 2019, much less invest $5,000 at that time. This company is a cloud-based enterprise cybersecurity specialist. And most investors aren't well-versed on this subject.
Key Factors Driving Investor Growth
- Customer Growth: CrowdStrike's customer base has surged from 2,500 to over 29,000 subscription customers since its IPO.
- Module Growth: The company now offers over 20 cybersecurity modules, up from the initial 10 offered at the IPO.
- Customer Spend: Customers are buying more modules on average, contributing to a significant revenue increase.
Therefore, many investors likely shied away from CrowdStrike's IPO and didn't invest a substantial sum, such as $5,000. But it was rewarding for those who did invest. And for those who sat on the sidelines because of uncertainty, there may be enough information to make a more informed investing decision now, as I'll explain. Investor returns might not be that good over the next five years. But based on what I've explained here, I believe CrowdStrike stock will keep making its investors money over the long haul.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.