ISTANBUL: Shares of US-based cyber-security company CrowdStrike, of which an update caused major IT outage in the world last week, signaled for additional losses on Monday. On Friday, an IT outage hit thousands of computers and caused a global interruption in devices using Windows operating system. As a result of the investigation, it was determined that the outage is linked to CrowdStrike's software. The outage triggered an 11% drop in CrowdStrike's shares on Friday. On Monday, according to pre-market figures, the price of CrowdStrike share will drop by around 4.5% to around $291. Source: Anadolu Agency
CrowdStrike shares signal for additional losses
News For
RECENT POSTS
Cyprus Reports 659 Turkish Military Violations to UN
October 12, 2026
House President Calls for Renewed Efforts on Cyprus Issue
October 12, 2026
Cyprus Achieves Significant Drop in Child Poverty Risk Rate
October 12, 2026
Cyprus and Greece to Enhance Customs Cooperation
October 12, 2026
Beer Deliveries in Cyprus Rise Domestically, Exports Plummet
October 12, 2026
Cypriot Economy to Maintain 3% Growth Rate Through 2029
October 12, 2026
Cyprus Trade Deficit Expands to £6.3 Billion in Early 2026
October 12, 2026
Cyprus Calls for Equal Participation at COP31 Climate Summit
October 12, 2026