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CrowdStrike's Pain Could Be Its Rivals' Gain. Watch These Cybersecurity Stocks
It's an ill wind that blows nobody any good. An update from cybersecurity-software company CrowdStrike appeared to cause outages for users of Microsoft Windows devices Friday, but it could be a boon for the company's rivals.
(FTNT) - Analyzing Fortinet's Short Interest
Fortinet's (NYSE:FTNT) short percent of float has risen 12.83% since its last report. The company recently reported that it has 16.06 million shares sold short, which is 2.55% of all regular shares
Crowdstrike's Global Outage Sparks Ongoing Effects: What's Next?
Microsoft estimated that approximately 8.5 million Windows devices worldwide were affected by Crowdstrike's global IT outage. The focus of the market is on the impact of this event on CrowdStrike, Microsoft, and other cybersecurity stocks.
CrowdStrike Stock Drops Again. Why Airlines, Others Face More Tech Outage Pain.
CrowdStrike shares plummeted on Friday after the cybersecurity company's software update triggered a global tech outage.
Wedbush: The global outage had a "significant impact" on CrowdStrike and competitors are expected to benefit.
Wedbush Securities stated that the global network outage, which resulted in a global computer paralysis and disrupted aviation travel, is a significant blow to cybersecurity company CrowdStrike (CRWD.US).
Palo Alto, Sentinel, CyberArk And Fortinet Rally In Pre-Market: What's Driving Gains In Cybersecurity Space?
CrowdStrike Holdings, Inc.'s (NASDAQ:CRWD) pain has become a gain for its cybersecurity peers and the latter as a group are seen advancing strongly in premarket trading on Friday.Microsoft Corp. (
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