CrowdStrike (CRWD) investors closed off the week with the stock gaining +7.24% the last 5 days, which means it sits at +0.13% YTD.
Here's this week's news for CrowdStrike, let's go through it together.
1. Poaching the Competition
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1. Poaching the Competition
CrowdStrike has poached 2 C-level employees from their rival - SentinelOne. The former Chief Marketing Officer (CMO) (Daniel Bernard) and former Chief Product Officer (Raj Rajamani) are now CrowdStrike employees.
Daniel's new role at CrowdStrike will be the Chief Business Officer (CBO) and Raj will be joining as Chief Product Officer (CPO), focusing on XDR, EDR, data & cloud security, and identity protection.
This move will help CrowdStrike strengthen their product offer, particularly against SentinelOne, as both the new additions had been at the competitor for the past 5 years and understand their strengths and weakness very well.
That's it for this week.
We look forward to spending a few minutes with you next Sunday for some new CrowdStrike news!
Disclosure: I am a CrowdStrike Holdings (CRWD) shareholder at the time of publishing.