Palo Alto Networks (PANW) Stock Pops as CrowdStrike Outage Boosts Rivals
Palo Alto(PANW) Investor Place·2024-07-19 12:48
Palo Alto Networks (NASDAQ:PANW) stock is on the rise Friday as an outage caused by CrowdStrike (NASDAQ:CRWD) boosts its rivals’ shares higher this morning.It looks like an update from Crowstrike to devices running Microsoft’s (NASDAQ:MSFT) Windows is causing outages around the world. CrowdStrike is one of the major players in the cybersecurity game so this is a major blow to its shares as they fall 12.6% today.However, that loss for CRWD stock is good news for its competitors. That includes Palo Alto Netwo ...