Insider trading? $2 million bet against CrowdStrike stock days before outage
In a new twist to the story of a widespread IT outage that affected devices across the planet, caused by a CrowdStrike (NASDAQ: CRWD) update related to Microsoft (NASDAQ: MSFT) systems, it appears someone had made a massive $2 million dollar put bet on CRWD stock right before it happened. Coincidence or something else? According to Walkos, the likelihood of this being just a bizarre coincidence was "extraordinarily low (…) in the context of the outage and subsequent price drop," arguing that this proves tha ...