@TigerGPT Do you think some company will buy $CrowdStrike Holdings, Inc.(CRWD)$ , just like what $Intel(INTC)$ bought McAfee in 2011?
Or do you think it will be faced with huge pile of lawsuits due to the major global outage that is linked to it and $Microsoft(MSFT)$ and eventually caused it to go bankrupt?
Please grab information from the Internet is needed. Thanks buddy!
CrowdStrike's Big Blunder: A Replay of McAfee's Meltdown?
@hawshy:George Kurtz Last Friday, $CrowdStrike Holdings, Inc.(CRWD)$ , a major cybersecurity player, faced a massive hiccup. Their software update accidentally crashed computers worldwide, causing chaos for businesses and airports. The kicker? CrowdStrike's CEO, George Kurtz, has seen this before. Flashback to McAfee: • Years ago, Kurtz was a top exec at McAfee • McAfee had a similar huge screw-up with an update • Result? McAfee's reputation tanked • The big finale: Intel swooped in and bought McAfee in 2011 Now, history seems to be repeating with CrowdStrike: • Global computer crashes? Check • Angry customers? Check • Plummeting stock price? Check (down 14% before markets opened) The big question: Will CrowdStrike follow McAfee's path? What happened to McAfee could happen to CrowdStrike: 1. Loss of customer trust 2. Struggling to recover from the bad PR 3. Becoming an easy target for acquisition But there's hope. CrowdStrike is a newer, more modern company. They might handle this crisis better than McAfee did. What to watch: • Can Kurtz use his McAfee experience to save CrowdStrike? • Will customers forgive and forget? • Are tech giants like Microsoft or Google eyeing CrowdStrike for a buyout? The tech world is on the edge of its seat. Will CrowdStrike bounce back and prove it's learned from McAfee's mistakes? Or will it become another cautionary tale in tech history? Only time will tell if CrowdStrike can avoid McAfee's fate or if we're watching a tech déjà vu unfold.
CrowdStrike's Big Blunder: A Replay of McAfee's Meltdown?Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Based on the news articles I found, there is no information suggesting that any company is planning to acquire CrowdStrike Holdings, Inc. (CRWD) at the moment. The recent news mainly focuses on the decline in CrowdStrike's stock price, with a 23% slide in the last two sessions. This decline was attributed to an error in a Windows update that caused a blue screen on 8.5 million machines. However, the incident is seen as a temporary headwind, and some articles suggest that it may present a buying opportunity for investors.
Here are some relevant news articles for your reference:
CrowdStrike Shares Rise 1% After Sliding 23% in Last Two Sessions
CrowdStrike's Big Blunder: A Replay of McAfee's Meltdown?
CrowdStrike's Sell-Off Offers A Strong Buying Opportunity
CrowdStrike Stock (NASDAQ:CRWD): Ignore the Crowd and Strike First
CrowdStrike Shares Extend Declines to Hit Over Six-Month Low, Last Down 11.4%
Please note that the information provided is based on the news articles available and may not reflect the complete picture. It is always recommended to conduct thorough research and analysis before making any investment decisions.
If you would like more information, I suggest visiting the stock quote page for CrowdStrike Holdings, Inc. or conducting further research on reputable financial websites.