CrowdStrike Shorts Won Big After Stock's Outage-Fueled Plummet
CrowdStrike short sellers gained after the cybersecurity company sent out a defective update causing a global tech outage for Microsoft's Windows hosts. The outage sent shares down more than 11% on Friday. S3 Partners said CrowdStrike shorts were the "big winners" of Friday's incident gaining more than $373 in mid-day mark-to-market profits. S3 Partners said CrowdStrike shorts were "the big winners" of Friday's incident, gaining over $373 in mid-day mark-to-market profits. In the same period, Microsoft shor ...