CrowdStrike Falls Further While Rivals Extend Gains After Outage

CrowdStrike (CRWD) shares are falling more than 4% less than an hour before the opening bell Monday, extending Friday's 11% declines, after an update to the cybersecurity firm's software caused an outage in Microsoft's (MSFT) cloud services and disrupted businesses worldwide. CrowdStrike shares are falling more than 4% in premarket trading, extending Friday's large declines, after the cybersecurity firm's software update caused a global outage in Microsoft's cloud services. Meanwhile, shares of CrowdStrike' ...