In today's video, I discuss recent updates impacting CrowdStrike (CRWD -13.25%). Check out the short video to learn more, consider subscribing, and click the special offer link below. Is it time to buy CrowdStrike stock? *Stock prices used were the market prices of July 22, 2024. The video was published on July 22, 2024. ...

Shares of CrowdStrike plunged 13% on Monday, extending their loss-making streak, after Wall Street analysts downgraded the stock on concerns over the financial fallout from a global cyber outage last week. CrowdStrike's glitchy update to its security software crashed computers powered by Microsoft's Windows operating system, disrupting internet services across the globe and affecting a broad swathe of industries including airlines, banking and healthcare. Microsoft said Saturday about 8.5 million Windows de ...

There likely isn't a quick way to restore confidence. Shares of embattled cybersecurity company CrowdStrike (CRWD -13.37%) crashed on Monday because Friday's incident is still in the spotlight. Various analysts downgraded their near-term expectations for the company from here, which might not be an overreaction. As of 10:15 a.m. ET, CrowdStrike stock was down 12% for the day and it's now down more than 30% from its all-time high hit earlier this month. The analyst downgrades are here for CrowdStrike On Frid ...

George Kurtz, president CEO and Co-Founder at CrowdStrike speaks at the WSJTECH live conference in Laguna Beach, California, U.S. October 21, 2019. 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. CrowdStrike sha ...

Piper Sandler continues to maintain its "neutral" rating for CRWD stock. That's worse than the analysts' consensus moderate buy rating based on 40 opinions. CrowdStrike (NASDAQ:CRWD) stock just hit by a price target cut from Piper Sandler analysts following the outage is caused over the weekend. What's Behind the CRWD Stock Price Target Drop? "Clearly it will be difficult for investors to quantify the impact of last week's faulty update given the sheer magnitude and disruption created by the incident. We we ...

The mistake in the Falcon update led to a global IT outage, impacting banks, airports, hospitals, retailers, various businesses and government agencies. This causes significant disruption and economic losses worldwide. What Caused the Global IT Outage? Initially, Microsoft was suspected to be at fault since the outage only affected Windows systems. However, Microsoft clarified that it was working with CrowdStrike to resolve the problem. CrowdStrike CEO George Kurtz acknowledged the issue, too, and confirmed ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup New ...

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CrowdStrike (CRWD) shares are falling more than 4% less than an hour before the opening bell Monday, extending Friday's 11% declines, after an update to the cybersecurity firm's software caused an outage in Microsoft's (MSFT) cloud services and disrupted businesses worldwide. CrowdStrike shares are falling more than 4% in premarket trading, extending Friday's large declines, after the cybersecurity firm's software update caused a global outage in Microsoft's cloud services. Meanwhile, shares of CrowdStrike' ...

Following a massive outage that brought many industries and organizations, including banks, airlines, train operators, and supermarkets, around the world to a halt, the price of CrowdStrike (NASDAQ: CRWD) stock has suffered a major dip, and analysts' new price targets reflect the recent events. As it happens, an outage seems to be the result of a malfunction within Microsoft (NASDAQ: MSFT) operating systems or due to a software update from cybersecurity company CrowdStrike, which caused Windows devices used ...