Is CrowdStrike's Big Blunder a Buying Opportunity?

CrowdStrike now serves 298 of the Fortune 500 companies and 538 of the Fortune 1000 companies. However, that widespread adoption explains why CrowdStrike's flawed update caused so much damage in such a short time. How fast was CrowdStrike growing? Over the past year, as macro headwinds forced many companies to rein in their spending, CrowdStrike's growth in both ending annual recurring revenue (ARR) and total revenue decelerated. But its net new ARR growth rose by double-digit percentages year over year aga ...