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Why CrowdStrike Holdings Jumped Nearly 5% Today

Why CrowdStrike Holdings Jumped Nearly 5% Today

Shares of endpoint security leader CrowdStrike Holdings (NASDAQ: CRWD) were up as much as 5% today, but were up 2.2% as of 12:55 p.m. EDT. As for the reason for today's big jump, CrowdStrike announced a deepened relationship with Amazon (NASDAQ: AMZN) Web Services (AWS). Specifically, CrowdStrike's Cloud Security Assessment now works with CloudEndure Disaster Recovery on AWS to help prevent and mitigate ransomware attacks (when data is held hostage).