Bears Flock to Crowdstrike Stock Amid IT Outage

Crowdstrike Holdings Inc (NASDAQ:CRWD) stock is down 12.9% to trade at $298.66 at last glance, after the cybersecurity firm disclosed a product update that spurred outages in IT systems across the globe. The issue grounded aircrafts, impacted banks and healthcare offices, and led Microsoft (MSFT) users to experience errors. The 200-day moving average looks poised to contain today's pullback, but Crowdstrike stock is pacing for its fourth-straight daily dip and its biggest single-day percentage loss since No ...