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Market
What will be the percentage drop in CrowdStrike shares by the end of July 2024?
3
CrowdStrike•Microsoft•Falcon Sensor•US•Delta•United•American Airlines•London Stock Exchange•Sky News
Resolution / Starting Odds
Less than 10% • 25%
10% to 15% • 25%
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More than 20% • 25%
Stock market data from financial platforms like Bloomberg or Yahoo Finance
Story
CrowdStrike Outage Causes Global IT Disruptions, Shares Drop Over 20%, Microsoft Impacted
Jul 19, 2024, 08:10 AM
CrowdStrike, a leading cybersecurity firm, experienced a major global outage on July 19, 2024, causing widespread IT disruptions. The outage led to significant issues across various sectors, including airlines, banks, media outlets, and emergency services. Notably, Microsoft users encountered crashes and blue screen errors due to a faulty update from CrowdStrike's Falcon Sensor. The disruption also affected 911 services in several US states, grounded flights from Delta, United, and American Airlines, and halted operations at multiple banks, media companies, and the London Stock Exchange worldwide. Sky News was also impacted, broadcasting using a phone. As a result, CrowdStrike's shares dropped over 12% in pre-market trading, with some reports indicating a plunge of up to 20%.
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Similar markets
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