CrowdStrike Stock Plunges More Than 10% on Outages

<p>CrowdStrike&comma; now a global name for all the wrong reasons&comma; saw its share price plunge Friday after a software outage caused bedlam to airlines and computer systems worldwide&period;<&sol;p>&NewLine;<p>Based in Austin&comma; TX&comma; CrowdStrike released the following info on its company website&colon;<&sol;p>&NewLine;<p>CrowdStrike is actively working with customers impacted by a defect found in a single content update for Windows hosts&period; Mac and Linux hosts are not impacted&period; This was not a cyberattack&period;<&sol;p>&NewLine;<p>The issue has been identified&comma; isolated and a fix has been deployed&period; We refer customers to the support portal for the latest updates and will continue to provide complete and continuous updates on our website&period;<&sol;p>&NewLine;<p>We further recommend organizations ensure they’re communicating with CrowdStrike representatives through official channels&period;<&sol;p>&NewLine;<p>Our team is fully mobilized to ensure the security and stability of CrowdStrike customers&period;<&sol;p>&NewLine;<p><&excl;-- TradingView Widget BEGIN --><&sol;p>&NewLine;<div class&equals;"tradingview-widget-container">&NewLine;<div class&equals;"tradingview-widget-container&lowbar;&lowbar;widget"><&sol;div>&NewLine;<div class&equals;"tradingview-widget-copyright"><a href&equals;"https&colon;&sol;&sol;www&period;tradingview&period;com&sol;" rel&equals;"noopener nofollow" target&equals;"&lowbar;blank"><span class&equals;"blue-text">Track all markets on TradingView<&sol;span><&sol;a><&sol;div>&NewLine;<p> <script type&equals;"text&sol;javascript" src&equals;"https&colon;&sol;&sol;s3&period;tradingview&period;com&sol;external-embedding&sol;embed-widget-symbol-info&period;js" async>&NewLine; &lbrace;&NewLine; "symbol"&colon; "NASDAQ&colon;CRWD"&comma;&NewLine; "width"&colon; 550&comma;&NewLine; "locale"&colon; "en"&comma;&NewLine; "colorTheme"&colon; "light"&comma;&NewLine; "isTransparent"&colon; false&NewLine;&rcub;&NewLine; <&sol;script>&NewLine;<&sol;div>&NewLine;<p><&excl;-- TradingView Widget END --><&sol;p>&NewLine;