CrowdStrike(CRWD)
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CrowdStrike's Potential Revenue Shortfall Won't Deter Growth, Analyst Says
Benzinga· 2024-08-27 00:04
Piper Sandler analyst Rob D. Owens reiterated an Overweight rating on CrowdStrike Holdings, Inc CRWD with a price target of $290.Delta Air Lines Inc DAL COO Mike Spanos shared plans to depart the company at the end of August, a little more than a month after the CrowdStrike outage, which caused Delta to file a lawsuit against CrowdStrike. The outages have reportedly cost Delta $350 million—$500 million, rendering about 60% of Delta’s critical applications inoperable.Also Read: CrowdStrike Shares Showing Sig ...
CrowdStrike: Notwithstanding Outage-Related Concerns, Q2 Metrics May Not Be As Resilient As Q1
Seeking Alpha· 2024-08-26 22:09
BlackJack3D Introduction The stock of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) the cybersecurity behemoth, had been enjoying its time in the sun across the first half of 2024 as it saw its price expand by over 50%, and consequently also outperform the Nasdaq quite handsomely. However, the company's role in the unfortunate events of July 19th, which upended around 8.5 million Windows devices and had deleterious consequences elsewhere, appears to have knocked the stuffing out of the share price, so much so, t ...
CrowdStrike Stock Price Levels to Watch as Post-Outage Earnings Report Looms
Investopedia· 2024-08-26 19:51
Key TakeawaysCrowdStrike shares are in the spotlight this week as the cybersecurity company prepares to release quarterly results Wednesday, its first earnings report after an erroneous software update it carried out caused a global IT outageA bullish piercing pattern on the weekly chart has helped shift momentum leading into the company’s quarterly financial results.Investors should watch key lower price levels at $235 and $201, while monitoring important overhead price levels at $285 and $330.A bars patte ...
Is It Time to Buy the Dip on CrowdStrike Stock?
The Motley Fool· 2024-08-23 19:00
The cybersecurity company's stock hasn't recovered yet from its July crash.CrowdStrike (CRWD -2.04%) stock had a difficult summer, slipping badly since an automatic software update it pushed to its clients caused millions of computers to crash. With the stock down by around 30% from its highs, investors may wonder if they should take this opportunity to open a position. The company's fiscal second-quarter report right around the corner on Aug. 28, so the clock is also ticking for investors to buy the stock ...
CrowdStrike Shares Showing Signs Of Recovery After Microsoft Outage: Can Q2 Earnings Help Continue Trend?
Benzinga· 2024-08-23 06:32
Shares of cybersecurity company CrowdStrike Holdings CRWD recovered slightly from the large stock drop that happened after a company update sparked a global outage for several industries and companies such as Microsoft.With its second-quarter earnings on deck, the stock could remain highly volatile in its recovery mode.What Happened: CrowdStrike is hitting out at competition that could be looking to win customers away after the company's global outage, which is likely to be a key topic when the company repo ...
CRWD STOCK NEWS: Robbins LLP Reminds CrowdStrike Holdings, Inc. Investors to Seek More Information About the Securities Class Action Action
GlobeNewswire News Room· 2024-08-23 03:16
SAN DIEGO, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired CrowdStrike Holdings, Inc. (NASDAQ: CRWD) Class A common stock between November 29, 2023 and July 29, 2024. CrowdStrike is a global cybersecurity company that provides software that helps prevent data breaches. CrowdStrike’s main product is the Falcon software platform, which purportedly uses artificial intelligence and ...
Should You Buy CrowdStrike Stock Before August 28?
The Motley Fool· 2024-08-22 23:57
After the global outage in July, all eyes will be on the company's guidance.In today's video, I will be talking about the recent updates regarding CrowdStrike (CRWD -1.38%) and some analysts' commentary ahead of the earnings report. Check out the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of Aug. 21, 2024. The video was published on Aug. 22, 2024. ...
CrowdStrike faces global IT outage-sized elephant in second-quarter earnings room
Proactiveinvestors NA· 2024-08-22 23:12
About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of September 30, 2024 in CrowdStrike Holdings, Inc. Lawsuit - CRWD
Prnewswire· 2024-08-22 17:45
NEW YORK, Aug. 22, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of CrowdStrike Holdings, Inc. (NASDAQ: CRWD).Shareholders who purchased shares of CRWD during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/crowdstrike-loss-submission-form/?id=97069&from=4CLASS PERIOD: November 29, 20 ...
Forget CrowdStrike: Buy This Top Cybersecurity Stock Instead
The Motley Fool· 2024-08-22 17:45
Instead of buying the dip on CrowdStrike, go with the safer cybersecurity brand in Palo Alto Networks.If your brand is associated with what some are calling the "largest IT outage in history," it's hard to underestimate the damage it might bring to your business in both the short and long terms. That's the situation CrowdStrike (CRWD 2.51%) finds itself in right now after a massive outage that took place last month.While the company has addressed the issue with the problematic update and is trying to allevi ...