Quote:
Originally Posted by bizaro86
I mean, the purpose of crowdstrike is to make your website/tech processes more secure/robust.
Them rolling out some big huge technical flaw doesn't do that. My understanding is that they're a relatively premium product that has been gaining market share, thus justifying the high valuation/growth.
But I have to think this will impair their ability to win new contracts going forward, at least for awhile. I doubt the market will be willing to overlook a big drop in their growth rate.
|
Well yeah, that's why it's down ~10%. But I was just pointing out why it wasn't destroyed after this "issue".