NEW YORK, NY / ACCESSWIRE / September 5, 2024 / If you suffered a loss on your CrowdStrike Holdings, Inc. (NASDAQ:CRWD) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
RADNOR, PA / ACCESSWIRE / September 5, 2024 / The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against CrowdStrike Holdings, Inc. ("CrowdStrike") (NASDAQ:CRWD) on behalf of investors who purchased or otherwise acquired CrowdStrike Class A common stock between November 29, 2023 and July 29, 2024, inclusive (the "Class Period"). The lead plaintiff deadline is September 30, 2024.
NEW YORK, NY / ACCESSWIRE / September 5, 2024 / If you suffered a loss on your CrowdStrike Holdings, Inc. (NASDAQ:CRWD) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
CrowdStrike reported strong Q2 earnings despite a major IT outage in July, with revenue growing 32% YoY and adjusted EPS beating expectations. The company slightly lowered its FY 2025 guidance, indicating minimal long-term impact from the outage and maintaining a positive growth outlook. Free cash flows grew 44% Y/Y and margins improved 2 PP as well. Revenues, ARR and earnings also surged.
NEW YORK, NY / ACCESSWIRE / September 5, 2024 / If you suffered a loss on your CrowdStrike Holdings, Inc. (NASDAQ:CRWD) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
NEW YORK, NY / ACCESSWIRE / September 5, 2024 / Pomerantz LLP announces that a class action lawsuit has been filed against CrowdStrike Holdings, Inc. ("CrowdStrike" or the "Company") (NASDAQ:CRWD). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext.
CrowdStrike Holdings, Inc. stock has experienced significant volatility, with recent technical trends suggesting a bearish near-term outlook despite a stronger-than-expected Q2 FY2025 earnings report. The July 19th incident is set to result in growth deceleration and margin pressures, causing a downward revision in CrowdStrike's fair value estimate to ~$184 per share. Despite long-term growth potential, CrowdStrike's current valuation appears overextended, making it less attractive compared to broader indices like the S&P 500.
LOS ANGELES, CA / ACCESSWIRE / September 5, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against CrowdStrike Holdings, Inc. ("CrowdStrike" or "the Company") for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between November 29, 2023 and July 29, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before September 30, 2024.
The massive IT outage caused by a CrowdStrike software update in July led investors to sell off the cybersecurity stock. The company still posted strong earnings numbers for last quarter, but it did adjust its guidance.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Lloyd's of London's boss said the UK insurance centre had avoided a significant hit from the Crowdstrike IT outage in July because the policies written had 48-hour lapse periods included. Estimates of the cost of the incident in the UK alone are £1.7 billion-£2.7 bn, but Lloyds chair Bruce Carnegie-Brown said the insurance payouts were “not particularly big” because of the delay before insurance cover kicked in.
CrowdStrike is reeling from a major outage caused by its cybersecurity platform.