Aug 2, 12:02 PM

Alphabet Cut CrowdStrike Stake by 50% Before July Outage

Google-parent Alphabet reduced its stake in cybersecurity firm CrowdStrike by 50% before a significant global outage in July. According to regulatory filings, Alphabet cut its holdings to 427,895 class A shares from 855,789 shares by June 30. The outage on July 19, caused by a faulty software update, resulted in widespread disruption across multiple sectors. CrowdStrike shares have since plunged nearly 35%.

#Alphabet #CrowdStrike

Written with ChatGPT (GPT-4o).

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Evan@StockMKTNewz
2 years ago
Google $GOOGL cut its stake in CrowdStrike $CRWD by 50% before the recent IT outage Google cut its stake down to 427,895 class A shares from 855,789 shares. The change in holdings is as of June 30 - Reuters https://t.co/924OevjFeY
Reuters Tech News@ReutersTech
2 years ago
Google-parent Alphabet cut stake in Crowdstrike before July global outage https://t.co/iBAR0GwFEg https://t.co/EcIzuPkmyX
JAKE@JakeGagain
2 years ago
📑 REPORT: ALPHABET SLASHES CROWDSTRIKE STAKE BEFORE GLOBAL OUTAGE Alphabet (Google) cut its holdings to 427,895 shares from 855,789 in June, per a regulatory filing. A July 19 IT outage, caused by a bad update, led to global chaos. CrowdStrike shares plunged nearly 35% since… https://t.co/t21fNJMihX

Alphabet Cut CrowdStrike Stake by 50% Before July Outage

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