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in Tech

CrowdStrike shares close down 11% after major outage hits businesses worldwide

by Editor July 20, 2024, 4:26 am 2k Views

CrowdStrike shares close down 11% after major outage hits businesses worldwide

CrowdStrike makes software to help firms manage their security in IT environments.

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Cybersecurity firm CrowdStrike saw its shares plunge Friday, after an update led to a major outage, impacting businesses across the world.

Shares of the company, which makes software to help firms manage their security in IT environments, opened down more than 14%, and closed down about 11%.

Addressing the incident Friday…

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