Here's What the CrowdStrike Outage Can Teach Investors About Black Swan Events
Over the last week, the technology sector has been taken over by one singular storyline -- and for once, it doesn't revolve around artificial intelligence (AI).
Last week, investors were shocked to see shares in cybersecurity company (NASDAQ: CRWD) suddenly fall off a cliff.
News quickly circulated that CrowdStrike suffered a widespread outage following a bug in its recent software update. While bugs are fairly common in software development, the CrowdStrike situation has been particularly problematic due to the company's widespread reach -- spanning a reported 30,000 subscribers.
Source Fool.com
CrowdStrike Holdings Inc Stock
€250.95
2.340%
With 157 Buy predictions and 1 Sell predictions CrowdStrike Holdings Inc is one of the favorites of our community.
With a target price of 323 € there is a positive potential of 28.71% for CrowdStrike Holdings Inc compared to the current price of 250.95 €.
