Delta Airlines on Thursday said it still plans to seek compensation from cybersecurity firm CrowdStrike over an IT outage in July.
Delta Air Lines reported a $380 million hit from the CrowdStrike outage. The carrier spent about $170 million on customer and crew-related costs — but saved on fuel.
The carrier is often seen as an airline bellwether, so its third-quarter results could have a knock-on effect on rivals United and American.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
The consumer is in focus as companies begin to report their third quarter earnings results. September's Consumer Price Index (CPI) is also due out this week on Thursday, October 10.
Zacks.com users have recently been watching CrowdStrike (CRWD) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Goldman Sachs analyst Gabriela Borges recently put a price target of $324 on CrowdStrike stock.
CRWD's combination of a high valuation, slowing growth and negative impacts of the July IT outage makes it difficult to justify holding the stock.
Delta Air Lines (DAL) reports third-quarter results before the bell next Thursday, Oct. 10, its first report since July's worldwide IT outage caused by a CrowdStrike (CRWD) software update forced the carrier to cancel thousands of flights, costing it an estimated $500 million.
In the latest trading session, CrowdStrike Holdings (CRWD) closed at $280.24, marking a +1.85% move from the previous day.
NEW YORK, NY / ACCESSWIRE / September 30, 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 30, 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.