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News Summary
The company announced the acquisition of Seraphic Security to extend its Falcon platform into browser security, targeting AI-driven risks. This follows recent acquisitions of SGNL, Pangea, and Onum, expanding its identity security portfolio. A federal judge dismissed a shareholder lawsuit related to a 2024 software outage, ruling the plaintiffs failed to plausibly allege fraud. The stock closed at $460.63, down 1.58% for the day. Analysts suggest the stock should be added to portfolios, citing its strategic expansion.