Economy
CrowdStrike shares signal for additional losses
CrowdStrike's shares drop by 11% on Friday related to IT outage
Gökhan Ergöçün |
22.07.2024 - Update : 22.07.2024
ISTANBUL
Shares of US-based cyber-security company CrowdStrike, of which an update caused major IT outage in the world last week, signaled for additional losses on Monday.
On Friday, an IT outage hit thousands of computers and caused a global interruption in devices using Windows operating system.
As a result of the investigation, it was determined that the outage is linked to CrowdStrike's software.
The outage triggered an 11% drop in CrowdStrike's shares on Friday.
On Monday, according to pre-market figures, the price of CrowdStrike share will drop by around 4.5% to around $291.
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