Jul 24, 2024
CrowdStrike Stock Plummets 13% After Massive IT Outage
CrowdStrike shares fell 13% after a global cyber disruption triggered by a faulty software upgrade. The event affected 8.5 million Windows machines globally, affecting a variety of businesses and generating concerns about the company's reputation and future business. As CrowdStrike confronts possible problems, rival SentinelOne's stock value rises, indicating a potential shift in the cybersecurity environment.