this post was submitted on 19 Jul 2024
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This has been a lot of fun, from the perspective of someone not affected, apparently CrowdStrike have lost 20% of their share price today.
The fact that they can fuck up this bad and only lose 20 percent is kind of hilarious. Major infrastructure across the world is on its knees because of their fuck up. If that's not enough to kill them then nothing is.
Edit - when I checked they were rebounding, only down 11.3 percent today now. I guess the stockmarket has determined that this fuckup isn't so bad.
They are in trouble as a company. I bet the big market leaders are going to reevaluate and potentially move to something else