CrowdStrike Holdings, Inc. Class A Common Stock (CRWD)
CrowdStrike Holdings, Inc. Class A (CRWD) is a cybersecurity technology company specializing in cloud-delivered endpoint protection, threat intelligence, and cyberattack response services. Founded in 2011, the company offers its Falcon platform to organizations worldwide, utilizing advanced artificial intelligence and machine learning to identify and prevent cyber threats in real time. CrowdStrike is known for its innovative approach to cybersecurity, emphasizing cloud-native solutions that enable rapid deployment and scalable security operations.
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CrowdStrike reported $60.1 million in costs related to a software update that caused a global outage last July. The company expects more costs ahead, leading to a larger-than-expected loss and disappointing profit guidance, causing its stock to fall.
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