CRWD Stock Alert: Hold Off On CrowdStrike After Disastrous IT Outage

CrowdStrike Holdings (NASDAQ:CRWD) stock was cratering after being discovered responsible for a disastrous technology outage that grounded flights and disrupted financial systems around the world. On the day of the outage, CrowdStrike stock fell nearly 10%. That worsened a pullback that was already underway as investors rotate out of technology securities and into small-caps. Analysts were already raising concerns about CRWD stock's sky-high valuation. The stock is nearly 20% lower in the last five days It' ...