CrowdStrike: The Outage Made It Very Attractively Valued
CrowdStrike(CRWD) Seeking Alpha·2024-08-10 09:29
- ATTER = H n 1 III F F 10 F I FIND DO 100 1 li I t 1 Sundry Photography My thesis CrowdStrike (NASDAQ:CRWD) is one of the largest public U.S. cybersecurity companies with above $50 billion market cap. The company's market cap was even higher and much closer to a $100 billion milestone just a month ago, before the global outage of Microsoft's (MSFT) services occurred in July due to the company's Falcon platform's update. Data by YCharts The stock saw a significant sell-off after the outage because it is dif ...