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CrowdStrike’s stock falls further as it draws downgrades in wake of incident
CrowdStrike Holdings Inc. shares continued to decline on Monday due to ongoing disruptions caused by a faulty software update, which affected global technology systems.
The stock fell 9% in the morning following an 11% drop on Friday.
Analysts, including Guggenheim’s John DiFucci and BTIG’s Gray Powell, downgraded the stock, citing potential long-term impacts on the company’s reputation and new business prospects, MarketWatch has reported.
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