CrowdStrike's Outage Put It to the Test, but Now the Company Faces an Even Bigger Challenge

It's been a doozy of a year for cybersecurity company CrowdStrike (NASDAQ: CRWD).Through the first six months of the year, CrowdStrike stock rocketed upward by 50%. However, the vast majority of these gains were lost in July after a bug was identified in CrowdStrike's software -- a bug that produced widespread outages for thousands of its customers, and damage to the company's reputation.Nevertheless, shares of CrowdStrike have rebounded strongly throughout the latter half of 2024. The stock had gained a respectable 39% on the year as of market close on Dec. 27 -- handily outperforming both the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC).Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool