CrowdStrike's Shares Plummet Amid Global Chaos: Down 12% Already!

Shares of CrowdStrike plummet as Windows computers worldwide face Blue Screen of Death errors. Despite U.S. markets being closed, the loss has reached 12%.
CrowdStrike's Shares Plummet Amid Global Chaos Down

Global Computer Outage Could Spell Trouble for CrowdStrike

The global computer outage affecting systems worldwide seems poised to spell trouble for cybersecurity firm CrowdStrike. The company’s shares are experiencing a sharp decline, and with U.S. markets still closed, the drop could deepen once trading resumes.

Redburn Atlantic, which analyzes stocks in the U.S. and Europe, recently shared data from its latest study, predicting a decline in CrowdStrike’s shares. Analysts forecast a drop from the current $380 level to around $275. The rapid onset of the global disruption in Windows computers highlights the possibility of these predictions materializing quickly.

Here’s what the CrowdStrike stock chart looks like:

CrowdStrike's Shares Plummet Amid Global Chaos Down_0

CrowdStrike Stock Declines Amid Global Outage

CrowdStrike shares were trading around $380 just 24 hours ago. The news of the global outage triggered a drop in the company’s stock. Combined with analyst forecasts, the disruption led to a roughly 12% decrease in shares. As mentioned earlier, the opening of U.S. markets could further deepen this decline.

Meanwhile, the outage affecting various sectors from banking to airline transportation remains unresolved. A prolonged resolution could lead to even greater losses for the company. The coming days are expected to be quite turbulent for CrowdStrike.

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