What's Going On With CrowdStrike Shares Thursday?

CrowdStrike, Inc. CRWD on Thursday morning several partnerships with technology distributors.

The Details: The cybersecurity company announced partnerships with Ingram Micro, M3Corp and Tecnología Especializada Asociada de México in order to boost distribution of the company’s Falcon platform across Latin America.

CrowdStrike stated the Latin American market is experiencing a surge in sophisticated electronic crime activities and these new partnerships will help organizations adopt unified cybersecurity, replacing fragmented solutions and enhancing protection.

“This relationship is a great opportunity for resellers to benefit from CrowdStrike’s industry leading Falcon cybersecurity platform and Ingram Micro’s capabilities in software as a service, professional services, channel enablement, and specialized marketing programs,” said Luis Férez, senior vice president and group president, Latin America, Ingram Micro.

How To Buy CrowdStrike Shares

By now you're likely curious about how to participate in the market for CrowdStrike Holdings CRWD – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, or Amazon.com, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so.

In the the case of CrowdStrike Holdings CRWD, which is trading at $387.13 as of publishing time, $100 would buy you 0.26 shares of stock.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

Related Link: Billionaire Agnelli Is Philips’ Largest Shareholder Now – What’s Going On?

CRWD Price Action: At the time of publication, CrowdStrike stock is trading 2.08% higher at $388.30, according to data from Benzinga Pro.

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