CrowdStrike Soars 6% on S&P 500 Inclusion, Reaches $375

CrowdStrike Holdings Inc. ($CRWD) experienced significant gains, rising 6% in pre-market trading following a 9% increase on Friday. The cybersecurity company's stock reached new all-time highs, trading at $375 and later nearing $380, driven by its addition to the S&P 500 index. This inclusion has bolstered the entire cybersecurity sector, with notable strength observed in companies like Palo Alto Networks ($PANW) and Zscaler ($ZS). Traders reported substantial profits, with some seeing up to $8,000 in gains. The stock has surged more than $100 since its post-earnings dip to $280, demonstrating strong market confidence and momentum. Options traders also saw significant returns, with $285C contracts rising 51%.