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Tom’s Hardware
Tom’s Hardware
Technology
Les Pounder

CrowdStrike's market cap plunges $12.5 billion in wake of global outage

CrowdStrike stock.

The impact of the recent CrowdStrike outage is hitting the company where it hurts — in the wallet. Overnight predictions saw up to 21% being knocked off the company's stock price, equal to around $16 billion in market cap. The situation is only moderately better in the cold light of day — we've been tracking MarketWatch, and at the time of publication, CrowdStrike has seen a 15% drop in its shares, wiping $12.5 billion off its market cap. 

If you've been affected by the CrowdStrike outage, we've got a guide on how to fix it in just three minutes. We also have full coverage of the event and its slow resolution.

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