CrowdStrike shares are trading lower following reports indicating Delta Air Lines would seek compensation from the cybersecurity company for last week's outage.
Portfolio Pulse from Benzinga Newsdesk
CrowdStrike shares are trading lower following reports that Delta Air Lines is seeking compensation from the cybersecurity company for last week's outage.
July 30, 2024 | 1:48 pm
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NEGATIVE IMPACT
CrowdStrike shares are trading lower due to Delta Air Lines seeking compensation for a recent outage.
The news of Delta Air Lines seeking compensation from CrowdStrike for an outage is likely to negatively impact CrowdStrike's stock price in the short term due to potential financial liabilities and reputational damage.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100