Reported 2 months ago
CrowdStrike recently experienced a severe operational outage due to a faulty software update, leading to a more than 30% decrease in its stock price. While the long-term prospects for the cybersecurity firm remain strong, with a significant market share and robust performance metrics, investors face uncertainty in the near term as legal repercussions and the need to regain customer trust could weigh on the stock's performance. Cautious investors may want to avoid buying now, while those willing to take on risk might find it a good opportunity to purchase.
Source: YAHOO