Shares of Crowdstrike Holdings Inc. (NASDAQ:CRWD) and Microsoft Corp. (NASDAQ:MSFT) experienced significant dips during Friday pre-market after a worldwide Windows crash instigated by a Crowdstrike update.
What Happened: According to Benzinga Pro, on Friday, Crowdstrike’s stock plummeted nearly 13%, trading at $298.80 pre-market, a significant drop from Thursday’s close of $343.05. Microsoft also experienced a pre-market dip of 1.97%, trading at $431.70, down from $440.37 at Thursday’s close.
The sudden drop is attributed to a recent Crowdstrike update that caused Windows laptops worldwide to crash, exhibiting the notorious “Blue Screen of Death” (BSOD) and leaving them unable to reboot. The problem has been linked to a file named “csagent.sys,” disrupting critical services.
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The incident coincides with a widespread outage of ...