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Major News for CrowdStrike Investors. Until July, shares of CrowdStrike Holdings (NASDAQ: CRWD) were flying high, having gained more than 50% since the start of the year. And that was part of a ...
In fact, insurance company Parametrix estimated the outage may have cost Fortune 500 companies $5.4 billion. Unsurprisingly, CrowdStrike shares tumbled more than 35% in the two weeks that followed ...
Investors responded by selling CrowdStrike stock, driving it 11% lower in Friday's trading session. Now, the question is, following this major upset for CrowdStrike customers worldwide, is the ...
By Jonathan Stempel (Reuters) - CrowdStrike has been sued by shareholders who said the cybersecurity company defrauded them by concealing how its inadequate software testing could cause the July ...
Per the chart above, investors can see that between the beginning of July and the initial reporting about the company's glitch, CrowdStrike lost roughly $20 billion in market cap.
In a note published this morning, HSBC upgraded its rating on CrowdStrike stock from hold to buy. The company also increased its one-year price target on the stock from $302 per share to $339 per ...
2024 CrowdStrike-related IT outages. ‹ The template Infobox event is being considered for merging. On 19 July 2024, American cybersecurity company CrowdStrike distributed a faulty update to its Falcon Sensor security software that caused widespread problems with Microsoft Windows computers running the software.
Worried about a customer exodus and potential legal costs, investors sent CrowdStrike’s shares tumbling 27% over the next few weeks. It was “the most challenging event in our company history ...