When The Crowd(strike) Panics, Buy
Riding the Storm: Why I Bought CrowdStrike During the 2024 Dip
Friday, July 19, 2024, around 11:00 AM CrowdStrike caused a significant computing outage, causing some industries extreme distress and major reputational damage to the company. The stock dropped from its Thursday close of $343.05 to its close on Monday, July 22, of $263.91 in reaction to the incident. It reached an intraday low of $200.81 on August 5 be…