InvestTalk 7-22-2024 – CrowdStrike Stock Plummets 13% After Massive IT Outage

CrowdStrike shares tumbled 13% following a global cyber outage caused by a glitchy software update. The incident affected 8.5 million Windows devices worldwide, disrupting various industries and raising concerns about the company's reputation and future contracts. As CrowdStrike faces potential challenges, rival Sentinel One sees a surge in stock value, signaling a potential shift in the cybersecurity landscape.

 

Today's Stocks & Topics: SBSW - Sibanye-Stillwater Ltd. ADR, Investing Funds, CVE - Cenovus Energy Inc., Market Wrap, OVV - Ovintiv Inc., CrowdStrike Stock Plummets 13% After Massive IT Outage, ANGPY - Anglo American Platinum Ltd. ADR, WM - Waste Management Inc., FSM - Fortuna Mining Corp., SGOV - iShares 0-3 Month Treasury Bond ETF, China, CRWD - CrowdStrike Holdings Inc. Cl A, OPRA - Opera Ltd. ADR, OPRA - Opera Ltd. ADR.

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