Is CrowdStrike Stock a Buy After Its Stock Split?

On July 2, cybersecurity leader CrowdStrike (NASDAQ: CRWD) underwent a 4-for-1 stock split, reducing its share price to $193. The day before, the stock closed around $773 per share, and each stockholder of record received four shares for each share they held.The price rose after the split took effect, up about 2% to $196 during the trading day. That's not unusual -- splits generally result in the stock price popping, both before and shortly after the split.Since the split was announced on June 3, CrowdStrike's stock is up about 8%. This is because investors wanted to buy in to get the split, and they anticipate it getting a lift from its new, more accessible stock price.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool