CrowdStrike will expand its startup accelerator with Nvidia and Amazon.com
CrowdStrike Holdings Inc (NASDAQ:CRWD) announced today it will expand its startup accelerator collaboration with Nvidia (NVDA) and Amazon.com's (AMZN) Web Services. The program is expected to widen U.S. cybersecurity companies' global reach by funding opportunities, mentorships, and partnerships.
CRWD was last seen 3.7% higher to trade at $268.70 as it continues to bounce off a pullback to the $240 level. The shares just broke above former pressure at the 40-day moving average. And year over year, the equity sports a 62.2% lead.
Okta Inc (NASDAQ:OKTA) stock is also reacting positively to the headlines, up 0.8% to trade at $74.65 at last glance. OKTA has struggled to rally since its late-August post-earnings bear gap, with pressure emerging at the $75 level. Year to date, the equity is down 17.5%.
Shares of Zscaler Inc (NASDAQ: ZS) are up 1.2% to trade at $172.04 at last check. The security's pullback to its lowest level since November found a familiar floor at the $155 region, which contained losses in May and August. Since the start of the year, ZS is up 22.2%.