Delta Air Lines on Friday sued CrowdStrike in a Georgia state court after a global outage in July caused mass flight cancellations, disrupted travel plans of 1.3 million customers and cost the carrier more than $500 million. Delta's lawsuit filed in Fulton County Superior Court called the faulty software update from CrowdStrike "catastrophic" and said the firm "forced untested and faulty updates to its customers, causing more than 8.5 million Microsoft Windows-based computers around the world to crash." The ...

Delta Air Lines planes are seen at John F. Kennedy International Airport on the July 4th weekend in Queens, New York City, U.S., July 2, 2022. Delta Air Lines on Friday filed a lawsuit against CrowdStrike in Georgia, accusing the security software vendor of breach of contract and negligence after an outage in July that brought down millions of computers and prompted 7,000 flight cancelations. Other airlines recovered more quickly than Atlanta-based Delta, which said the incident reduced revenue by $380 mill ...

Following the July 19 incident, which stirred negative sentiment and cast doubts on CrowdStrike (NASDAQ: CRWD ), the stock has rebounded impressively by 24% since our latest coverage , defying the market's skepticism. Our thesis remains firmly bullish, grounded in Yiannis Zourmpanos, founder of Yiazou IQ, an AI-driven stock research platform providing all-in-one stock reports. Experience: Previously worked at Deloitte and KPMG in external/internal auditing and consulting. Education: Chartered Certified Acco ...

Now that the big 4 U.S. airlines have all reported their earnings for the third quarter of 2024, it is worth evaluating how wellAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is ...

CrowdStrike, Meta Platforms, and dLocal look like winning investments for 2025.As we approach the end of 2024, there are plenty of companies worth buying right now. It would be wise to pick some of them up before the bigger fund managers do to position themselves for 2025.I've got three solid stocks to pick up before 2025 rolls around. Each has immense upside if it dominates its respective markets.CrowdStrikeCrowdStrike (CRWD -2.98%) was the best cybersecurity stock on the market prior to its July 19 incide ...

When it comes to gaining exposure to a stock’s price move in the future, most investors think of only buying the stock to enjoy the ride. However, there are more ways than one. Through derivative instruments, like options, investors can gain access to leverage while limiting their losses to amplify potential gains if they land on the right side of a stock’s price swing.CrowdStrike TodayCRWDCrowdStrike$299.30 -9.21 (-2.99%) 52-Week Range$170.17▼$398.33P/E Ratio433.77Price Target$328.74Add to WatchlistHowever ...

CrowdStrike Today | --- | --- | --- | --- | |--------------------------------|-------|-------|-------| | | | | | | | | | | | CRWD | | | | | CrowdStrike | | | | | $307.63 | | | | | -2.71 (-0.87%) 52-Week Range | | | | | $170.17 | | | | | ▼ | | | | | $398.33 | | | | | P/E Ratio | | | | | 445.84 | | | | | Price Target $325.44 | | | | | | | | | Add to Watchlist In July of 2024, a defective software update by cybersecurity firm CrowdStrike Holdings Inc. NASDAQ: CRWD led to global technology outages across multip ...

The most recent trading session ended with CrowdStrike Holdings (CRWD) standing at $306.24, reflecting a +1.3% shift from the previouse trading day's closing. The stock's performance was ahead of the S&P 500's daily gain of 0.47%. Elsewhere, the Dow gained 0.79%, while the tech-heavy Nasdaq added 0.28%. Shares of the cloud-based security company have appreciated by 12.5% over the course of the past month, outperforming the Computer and Technology sector's gain of 3.88% and the S&P 500's gain of 3.48%. Inves ...

Most of its customers appear to be staying with the platform despite the competitive alternatives available. CrowdStrike (CRWD -3.03%) stock investors likely want to put 2024 behind them. After its shares briefly rose above $390 per share in July, a massive IT outage caused by a CrowdStrike glitch caused widespread turmoil across the economy. Investors quickly turned on CrowdStrike, and the stock lost as much as half of its value on an intraday basis. After an intraday low of just under $201 per share in Au ...

Key Takeaways CrowdStrike shares moved higher after RBC Capital included the stock among its top picks in the software space. The company garnered negative coverage in July when a flawed software update caused worldwide tech outages, but RBC said CrowdStrike is successfully moving past the incident. Delta Air Lines said it continues to seek compensation from CrowdStrike related to the incident. Shares of cybersecurity provider CrowdStrike Holdings (CRWD) added more than 5% on Thursday, notching the S&P 500' ...