CrowdStrike accepts award for ‘most epic fail' after global IT outage
Just a few weeks after its software update triggered a global IT meltdown, CrowdStrike isn't shying away from the spotlight. In fact, the company's president Michael Sentonas even took the stage at the Pwnie Awards to accept the award for Most Epic Fail.
CrowdStrike Holdings, Inc. Class Action: Levi & Korsinsky Reminds CrowdStrike Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of September 30, 2024 - CRWD
NEW YORK, NY / ACCESSWIRE / August 11, 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.
SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against CrowdStrike Holdings, Inc. - CRWD
NEW YORK, NY / ACCESSWIRE / August 11, 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.
Class Action Filed Against CrowdStrike Holdings, Inc. (CRWD) Seeking Recovery for Investors - Contact Levi & Korsinsky
NEW YORK, NY / ACCESSWIRE / August 11, 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.
CRWD INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that CrowdStrike Holdings, Inc. Stockholders with Losses Have Opportunity to Lead Class Action Lawsuit!
NEW YORK, NY / ACCESSWIRE / August 11, 2024 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against CrowdStrike Holdings, Inc. ("CrowdStrike" or "the Company") (NASDAQ:CRWD) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired CrowdStrike securities between November 29, 2023, and July 29, 2024, inclusive (the "Class Period").
Huge Pension Started Buying CrowdStrike Stock Shortly Before Global Glitch
New York State Teachers' Retirement System initiated a stake in CrowdStrike, bought more Exxon stock, and sold Ford and PayPal shares in the second quarter.
Shareholders that lost money on CrowdStrike Holdings, Inc.(CRWD) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More
NEW YORK, NY / ACCESSWIRE / August 10, 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.
There Could Be a Lot More Bad News Coming for CrowdStrike
CrowdStrike's outage could mean billions in financial losses for Fortune 500 companies. Delta Air Lines may seek damages from CrowdStrike as it incurred nearly $500 million in losses due to the outage.
CrowdStrike: Catching a Falling Knife or Buying Opportunity?
CrowdStrike's stock plummeted after it caused millions of devices to crash. Investors have no clue how this is affecting CrowdStrike's business.
CrowdStrike: High Growth, And Good Free Cash Flow (Rating Upgrade)
CrowdStrike Holdings' stock dropped last month after a major computer outage was triggered by its security update causing Windows devices to malfunction. While the product itself is not to blame, the security update process needs to be reviewed and it is likely for the company to sustain damages and be volatile. After accounting for a potential $1 billion free cash flow impact, I have a bullish position using a DCF model to value the stock.
CrowdStrike: A +35% Drop Doesn't Make It A Buy
CrowdStrike's stock price is down by roughly 35% over the past three weeks as a result of the IT outage. Even at a price level of $220 per share CRWD is still not attractive when you factor in potential lawsuits and client losses. Even with a 20% free cash flow CAGR my DCF yield an implied share price of $197, which represents a 7% for the current price.
CrowdStrike: The Outage Made It Very Attractively Valued
The recent Microsoft outage, triggered by updates in CrowdStrike's software, was a major black swan event for CRWD investors, causing the stock to crash by nearly 40%. There are compelling reasons to believe that this outage was a once-in-a-century event, making it extremely unlikely to occur again. If we assume the outage won't happen again, CrowdStrike becomes a no-brainer investment, now very attractively valued after the post-outage selloff.
