CrowdStrike Holdings Inc. (NASDAQ:CRWD) is having a monster session Thursday, with shares up about 19% after the cybersecurity company delivered what analysts called its strongest quarter yet.
For ETF traders, the move is being amplified even further.
The Corgi CRWD 2x Daily ETF (BATS:CRWC) and GraniteShares 2x Long CRWD Daily ETF (NASDAQ:CRWL) are both surging roughly 38%, as the leveraged funds seek to deliver twice CrowdStrike’s daily performance before fees and expenses.
CRWC launched in July and carries a 0.45% expense ratio, while CRWL, which launched a couple of years ago, has a 1.50% net expense ratio.
AI Is Becoming A Cybersecurity Customer
