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22.07.24 - 14:45
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CrowdStrike Extends Decline As Several Wall Street Analysts Warn About Global Outage Fallout (ZeroHedge)
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CrowdStrike Extends Decline As Several Wall Street Analysts Warn About Global Outage Fallout
Shares of CrowdStrike are lower in premarket trading after several Wall Street analysts revised their ratings and lowered price targets. These actions come as analysts attempt to assess the impact of a global IT outage that crippled millions of computers, grounded flights, disrupted banks, and even delayed the opening of the London Stock Exchange last Friday.
CrowdStrike's update, which began impacting IT systems globally early Friday, was a memorable day, especially the 'blue screen of death.'
As many noted on X, Friday's global IT disruption felt like 'Y2K' had happened this time.
SFO feeling like Y2K rn. #Crowdstrike #microsoft #outage pic.twitter.com/q0CgMY326j
— Meagan (@lushzeb) July 19, 2024
Everyone welcome international blue screen day, its basically Y2K but it's real and it put the world on halt. Thanks, Crowdstrike. pic.twitter.com/BpOBY83LYR
— Mazzranache (@TrickyKetchup) Ju...
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