CrowdStrike Announces Stock Split
CrowdStrike (NASDAQ: CRWD) will execute a 4-for-1 stock split on July 1, 2023. This decision comes as the stock has surged by 320% over the past three years and is currently trading over $600 per share. The split aims to make shares more accessible to investors, reducing the price to approximately $160 per share post-split.
Current shareholders as of June 25, 2023 will receive three additional shares for every share owned. The stock will begin trading at the new price on July 2, 2023. While stock splits typically do not affect a company’s valuation, they have historically drawn interest from smaller investors looking for entry points.
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