CrowdStrike shares tumble as fallout from global tech outage continues

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Guggenheim Securities analysts downgraded CrowdStrike stock, saying signings could be affected after Friday’s widespread outage of Windows computers stemming from a faulty CrowdStrike software update.

Over the weekend, people posted photos of Windows devices that still needed attention.

CrowdStrike shares slipped 13% during Monday’s trading session, as the cybersecurity software company continued to help clients across industries recover from an outage that took millions of Microsoft Windows devices offline last week.

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Early on Friday, the company issued a defective update to its Falcon vulnerability-protection software that caused PCs, computer servers in data centers and display screens to crash, resulting in grounded flights and canceled medical appointments. The incident ensnared 8.5 million Windows devices, less than 1% of the global total, Microsoft said.

www.msn.com/en-us/money/markets/crowdstrike-shares-tumble-as-fallout-from-global-tech-outage-continues/ar-BB1qqej5

CrowdStrike Stock Is Down Nearly 30% After Recent Outage — Time to Load Up the Truck?

www.nasdaq.com/articles/crowdstrike-stock-down-nearly-30-after-recent-outage-time-load-truck

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