CrowdStrike Begins Split-Adjusted Trading Following 4-for-1 Stock Split - CrowdStrike Holdings (NASDAQ:CR

CrowdStrike Holdings began trading on a split-adjusted basis Thursday morning after its previously announced 4-for-1 stock split. Shareholders of record as of June 25 received three additional shares for each share held after the close of business on July 1, with the adjusted trading effective Thursday. The split does not change the company’s market value or the economic value of investors’ holdings; it lowers the per-share trading price while increasing the share count. The article notes CRWD was trading about 12.4% above its 20-day simple moving average at $174.09 and roughly 55.7% above its 200-day SMA at $125.65, with momentum viewed as stretched by an RSI of 72.82. Price action was also described as pressing near the top of its 52-week range, with a cited resistance level around $196.50. CrowdStrike, founded in 2011 and listed in 2019, sells the Falcon platform for cloud and endpoint security.