Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Mark R. Hake, CFA

Should You Buy CrowdStrike Stock? Its Dip Make CRWD Appealing to Contrarians

Contrarians are now looking very closely at CrowdStrike Holdings (CRWD) stock. The stock is down almost 22% after its software crash last week. However, the outlook for cybersecurity firms' free cash flow is still strong. Put option premiums are now very high, ideal for short plays.

CRWD stock is down to $304.96 on Friday, July 21, from a peak of $390.71 on July 8. This is mainly due to a massive IT worldwide outage on Friday Crowdstrike's update failure caused.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.