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An Analyst Cheered Crowdstrike's Recovery From Outages—and its Stock Surged
CRWDCrowdStrike(CRWD) Investopedia·2024-10-10 20:45

Key Takeaways CrowdStrike shares moved higher after RBC Capital included the stock among its top picks in the software space. The company garnered negative coverage in July when a flawed software update caused worldwide tech outages, but RBC said CrowdStrike is successfully moving past the incident. Delta Air Lines said it continues to seek compensation from CrowdStrike related to the incident. Shares of cybersecurity provider CrowdStrike Holdings (CRWD) added more than 5% on Thursday, notching the S&P 500' ...