CrowdStrike: Notwithstanding Outage-Related Concerns, Q2 Metrics May Not Be As Resilient As Q1
CRWDCrowdStrike(CRWD) 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 ...