CrowdStrike Stock Falls Post Outage But There Are Still Reasons To Buy

Shares of Austin, Texas-based cybersecurity giant CrowdStrike fell 13% in pre-market trading on July 19 after suffering "a major outage affecting businesses globally," reported CNBC. "Some users may still be unable to access certain Microsoft 365 apps and services, including Teams video conferencing," added the Times. CrowdStrike's CEO emphasized that the incident was not a cyberattack. "We are actively working with customers impacted by a defect found in a single content update for Windows hosts," CrowdStr ...