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IT outage hits Microsoft, Crowdstrike shares

After IT outage, Crowdstrike price dropped by over 14%, pre-market figures show

Gokhan Ergocun  | 19.07.2024 - Update : 19.07.2024
IT outage hits Microsoft, Crowdstrike shares

ISTANBUL

The IT outage, which caused disruptions in many sectors on a global scale due to Microsoft services, hit the company's stock.

After closing Thursday at $440.37, the price of a Microsoft share lost value by 1.8% according to pre-market data.

On the other hand, Crowdstrike's share price fell by 14.45% on Friday, with a software product being blamed for the outage.

It closed at over $340 on Thursday, and pre-market data suggests that the share will open around $293.

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