CrowdStrike shares sink as global IT outage savages systems worldwide

[rntn]

https://www.theregister.com/2024/07/19/crowdstrike_shares_sink_as_global/

[edf13]

And this guy spotted it just in time:

https://old.reddit.com/r/wallstreetbets/comments/1e6ms9z/cro...

[chii → edf13]

> Maybe Crowdstrike employees also bought puts and hijacked their own system.

lol, this would be so funny, if it turned out to be true.

[rho138 → edf13]

While i do agree the company is overvalued, the take from the post is potato quality

[cpach]

Main thread here: https://news.ycombinator.com/item?id=41002195

[arp242]

Crowdstrike Update: Windows Bluescreen and Boot Loops - https://news.ycombinator.com/item?id=41002195 - Jul 2024 (1128 comments)

[eevilspock]

I relate news, Microsoft 365 has been renamed Microsoft 364, pending consideration of Microsoft 363.

[anothernewdude]

If I were liquid, I'd be buying. The share dips from leaks and outages never last.

[palata → anothernewdude]

Except when they do, that is.

[fire_lake → palata]

Okta still way down.

[lesuorac → palata]

Meh, CrowdStrike is like FaceBook.

Nobody is really go away in the short term. If they didn't die from the last hack they're not going to die from this.

[mr_mitm → lesuorac]

Is it that difficult to switch out your antivirus? I recently talked to someone who said they're on their third now in a few years. But I think they were only a few thousand seats.

[fire_lake → mr_mitm]

For a large enterprise, very hard.