Reported 2 months ago
After a severe incident caused by a faulty software update from CrowdStrike, which resulted in significant operational disruptions for various sectors including airlines and healthcare, analysts have revised their stock price targets for the company. Delta Air Lines has filed a lawsuit against CrowdStrike amid claims of financial losses exceeding $500 million due to flight cancellations and system outages. Despite the turmoil, some analysts believe that CrowdStrike will eventually recover, providing potential investment opportunities.
Source: YAHOO