Investors shouldn't assume the cybersecurity stock has bottomed out. CrowdStrike (CRWD 0.16%) has been in the news for all the wrong reasons of late. Last month, the cybersecurity company released an update that led to massive outages affecting companies all over the world. What started off as a strong year for the company has quickly turned into a disastrous one. Prior to the outage, shares of CrowdStrike were up more than 50% year to date. Now, they're down 5%. Despite the recent sell-off, investors shoul ...

RADNOR, Pa., Aug. 10, 2024 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Western District of Texas against CrowdStrike Holdings, Inc. ("CrowdStrike") (NASDAQ: CRWD) on behalf of investors who purchased or otherwise acquired CrowdStrike Class A common stock between November 29, 2023 and July 29, 2024, inclusive (the "Class Period"). The lead plaintiff dea ...

An opportunity to buy CrowdStrike's stock at a safe point hasn't emerged yet. Ever since the IT outage that CrowdStrike (CRWD 0.16%) caused, its stock has been plummeting. Many investors may be wondering when the sell-off is over, as they'd like to use this weakness to buy more shares at cheaper prices. However, this same cohort (I'm included) is also worried about catching a falling knife. Investors use this phrase to describe a situation when a stock is plummeting, as if you catch the knife on the wrong p ...

da-kuk After being the cause of one of the biggest computer outages in recent years which also impacted airline companies worldwide, CrowdStrike Holdings' (NASDAQ:NASDAQ:CRWD) has dropped abruptly as charted below, and was trading around $240 at the time of writing. However, the stock is still up by more than 80% after my March 2023 thesis when I Itad emphasized its pioncering status in endpoint security delivered through the cloud but had a hold position due to economic uncertainty. VAL 240.78 CrowdStrike ...

- ATTER = H n 1 III F F 10 F I FIND DO 100 1 li I t 1 Sundry Photography Intro & Thesis Almost every investor has thought about initiating a position in CrowdStrike (NASDAQ:CRWD) because the stock has gotten hammered for the past three weeks as a result of the IT outage. Despite the +35% drop in the price, I rate the stock a HOLD because I believe now isn't the right time to initiate a position given the uncertainty surrounding the company. Two very important questions kept coming up as I researched CRWD: C ...

- ATTER = H n 1 III F F 10 F I FIND DO 100 1 li I t 1 Sundry Photography My thesis CrowdStrike (NASDAQ:CRWD) is one of the largest public U.S. cybersecurity companies with above $50 billion market cap. The company's market cap was even higher and much closer to a $100 billion milestone just a month ago, before the global outage of Microsoft's (MSFT) services occurred in July due to the company's Falcon platform's update. Data by YCharts The stock saw a significant sell-off after the outage because it is dif ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...

All four of these stocks should be on your watch list. The stock market has been volatile lately, and it is important for investors to maintain a watch list for when opportunities present themselves. In today's video, I will discuss four stocks that have pulled back quite hard and should be on your watch list if, in fact, they continue to fall. One of those stocks is CrowdStrike (CRWD 1.37%). Check out this short video to learn more, consider subscribing to the channel, and check out the special offer in th ...

A fluke incident and pressure on tech stocks leaves CrowdStrike vulnerable in the short term, but the future remains promising. The past couple of weeks have been quite eventful for cybersecurity giant CrowdStrike (CRWD 4.27%) -- and not in a way that it or its investors would have preferred. There are software mishaps that cause problems, and then there are software mishaps that cause the largest IT outage in history. Unfortunately for CrowdStrike, it was the source of the latter. On July 1, CrowdStrike's ...

A Delta Airlines Airbus A319-114 aircraft taxis at Los Angeles International Airport after arriving from Las Vegas on May 5, 2024 in Los Angeles, California. Delta Air Lines on Thursday said last month's CrowdStrike outage and subsequent mass flight cancellations cost it some $550 million and reiterated that it is pursuing legal claims against the company as well as Microsoft. The financial impact includes a $380 million revenue hit in the current quarter "primarily driven by refunding customers for cancell ...