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The stock market disagrees: https://www.google.com/finance/quote/CRWD:NASDAQ?window=5Y https://www.google.com/finance/quote/CRWD:NASDAQ?window=5Y To be clear,
by joelthelion 2y ago
The stock market disagrees: https://www.google.com/finance/quote/CRWD:NASDAQ?window=5Y https://www.google.com/finance/quote/CRWD:NASDAQ?window=5Y
To be clear, I feel investors are a bit delusional, I just thought it was an interesting perspective to share.
- asynchronous 2y agoThey really are delusional, as a security person crowdstrike was overvalued before this event, and to everyone in tech this shows how bad their engineering practices are.
- chii 2y agobut they are able to insert themselves into this many enterprise machines! So regardless of your security credentials, they made good business decisions. On the other hand, this may open the veil for a lot of companies to dump them.
- bni 2y agoFor another similar product from a competitor that there is no reason to believe are any better.
- Osiris 2y agoWow. Cause a global meltdown and only lose 18% of your stock value? They must be doing something that investors like.
- imtringued 2y agoThey are probably pivoting to charging ransoms aka "consulting fees" to fix crashing systems and those are priced in.
- aflag 2y agoThe stock market only had a day to react and they were also heavily affected by the issue. Let's see where the stock price goes in the following week.