Barron’s has been warning about the market’s tech-heavy concentration for years. This past week is why. Read More...
Heard on the Street: CrowdStrike May Get More Than a Slap
For CrowdStrike, the timing could hardly be worse. CrowdStrike Chief Executive George Kurtz said the issue has been “identified, isolated and a fix has been deployed” and added that it was not caused by a “security incident” or cyberattack. CrowdStrike is one of the most favored stocks in cybersecurity, with buy ratings from 88% of analysts compared to 69% for Palo Alto Networks—the largest pure-play cyber company by annual revenue.
The Wall Street Journal•
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