CrowdStrike shares down more than 12% after major outage hits businesses worldwide
Publishing timestamp: 2024-07-19 13:52:03
Summary
CrowdStrike shares plunged after update caused major outage, impacting businesses globally. Microsoft also reported issues. CrowdStrike CEO stated it was not a security incident. Cybersecurity experts said update issue directly affected Windows systems worldwide. CrowdStrike's stock tumbled, while other cybersecurity vendors saw gains.
Sentiment: NEGATIVE
Tickers: NET, ZS, CRWD, MSFT, PANW, FTNT,
Keywords: microsoft corp, zscaler inc, business news, crowdstrike holdings inc, fortinet inc, palo alto networks inc, breaking news: technology, internet, cloudflare inc, technology,
Source: https://www.cnbc.com/2024/07/19/microsoft-crowdstrike-shares-fall-after-major-it-outage.html