Why CrowdStrike (CRWD) Stock Is Up Today
Shares of cybersecurity company CrowdStrike (NASDAQ:CRWD) jumped 5.3% in the morning session as markets experienced a boost after data from the Bureau of Labor Statistics revealed that inflation for the month of February 2025 came in better than expected. The CPI rose 0.2% from the previous month (vs estimates for a 0.3% increase), while headline inflation rose 2.8% year on year (vs estimates for a 2.9% y/y increase). The data revealed inflation continued to edge closer to the Fed's 2% target, b