It's been a very challenging month for cybersecurity stocks, to say the least. Despite projections that the cybersecurity market will grow to $562.72 billion by 2032, the industry is currently experiencing some turbulent times. On July 19, 2024, CrowdStrike Holdings (NASDAQ:CRWD), one of the major cybersecurity players in the industry, rolled out a faulty update to its security software called Falcon Sensor. Due to the fault, around 8.5 million Windows operating systems have been severely affected and compl ...

NEWTOWN, Pa., Aug. 2, 2024 /PRNewswire/ -- Edelson Lechtzin LLP, a leading class action law firm, announces the filing of a class action lawsuit against CrowdStrike for violations of federal securities laws on behalf of investors of CrowdStrike Holdings, Inc. (NASDAQ: CRWD) common stock between November 29, 2023, and July 29, 2024 (the "Class Period"). To join this case, go HERE. Investors who purchased CrowdStrike stock may move the U.S. District Court for the Western District of Texas to appoint them as l ...

CrowdStrike's stock has fallen more than 30% in just the past month. CrowdStrike (CRWD -3.34%) stock has been under fire of late as a global tech outage involving its software led to a sharp sell-off in its valuation. Regardless of the reason for the outage, such a wide-scale effect which impacts multiple industries and companies all over the world is not good for business, especially not when you're a company that is trying to build a brand synonymous with trust and cybersecurity. Are investors overreactin ...

During the worldwide IT outage, Microsoft (NASDAQ: MSFT) operative systems using CrowdSfrike (NASDAQ: CRWD) cybersecurity experienced a crash due to a faulty update, causing billions in damages. Since then, CRWD stock has lost 26.48% of its value, with broader losses of 41.77% in the previous month. Most recent sessions show no sign of recovery, as losses of 3.34% from the latest trading session extended the 13.62% price reversal from the previous five days. Market Summary > Crowdstrike Holdings Inc After h ...

Can CrowdStrike win back the confidence of investors and customers? Last month, CrowdStrike (CRWD -3.34%) faced one of technology companies' biggest nightmares: The cybersecurity giant launched a faulty software update that shut down the operations of customers around the world. Experts are calling it the biggest IT outage in history. Companies faced blue error screens and couldn't access data needed to maintain everything from airplane flights to surgery schedules. So business came to a halt. Unsurprisingl ...

NEW YORK, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against CrowdStrike Holdings, Inc. ("CrowdStrike" or "the Company") (NASDAQ: CRWD) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired ...

NEW YORK, Aug. 1, 2024 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against CrowdStrike Holdings, Inc. ("CrowdStrike" or the "Company") (NASDAQ: CRWD). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. The class action concerns whether CrowdStrike and certain ...

CrowdStrike Holdings (NASDAQ:CRWD) has experienced a dramatic 40% decline in its stock price over the past month. Yet, this hasn't left market speculators searching for answers. CRWD stock commenced its now massive decline on July 19 amid a widespread IT outage that affected businesses worldwide and caused disruptions in various industries. The negative sentiment around CrowdStrike appears influenced by recent news. On July 31, Edelson Lechtzin announced an investigation into potential securities fraud clai ...

SAN FRANCISCO, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges CrowdStrike Holdings, Inc. (NASDAQ: CRWD) investors who suffered substantial losses to submit your losses now. The firm also encourages persons with knowledge who may be able to assist in the investigation to contact its attorneys. Class Period: Nov. 29, 2023 – July 29, 2024 Lead Plaintiff Deadline: Sept. 30, 2024 Visit: www.hbsslaw.com/investor-fraud/CRWD Contact the Firm Now: CRWD@hbsslaw.com 844-916-0895 Securities Class Action Against ...

Stocks enter August halfway through second-quarter earnings season and amid a notable break with the dominant market trends of the last year and a half. Tech stocks, led by the Magnificent Seven, carried the S&P 500 to record highs in early July before a tame inflation report changed everything. The Mag Seven slipped into a correction later in the month as investors sold off tech stocks on fears of slowing growth, overbought conditions, and unsustainable spending on artificial intelligence. Meanwhile, the s ...