Goldman Sachs Analyst Stays Course On CrowdStrike Despite Outage, Expects Strong Company Reputation To Aid Recovery
CrowdStrikeCrowdStrike(US:CRWD) Benzinga·2024-07-19 17:00

CrowdStrike Holdings, Inc CRWD shares are trading lower Friday after a significant outage that affected businesses worldwide following an update on its cloud software. George Kurtz, CEO of CrowdStrike, informed via X that the outage had been resolved. CrowdStrike clarified that the disruption was not a security incident or a cyberattack. Given CrowdStrike's strong reputation, Borges expects ongoing updates from the company. The analyst expects to see ongoing newsflow about the impact of the outage over the ...