Zhitong
2024.07.30 15:41
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US Stock Market News | Delta Air Lines Claims Against CrowdStrike Leads to Nearly 10% Drop

On Tuesday, CrowdStrike's stock price fell, dropping nearly 10% to $233.34 as of the time of publication. Reports indicate that Delta Air Lines has hired renowned lawyer David Boies to seek compensation from CrowdStrike and Microsoft. Previously, CrowdStrike's software update error caused approximately 8.5 million Windows computers worldwide to experience blue screen crashes, disrupting the normal operations of industries such as aviation, banking, and healthcare. The impact on airlines, especially Delta Air Lines, was particularly severe, with estimates suggesting losses of $350 to $500 million for the airline. Following the cancellation of nearly 7,000 flights, Delta Air Lines is now handling over 176,000 refund or compensation requests

According to the information from Zhitong Finance APP, on Tuesday, CrowdStrike (CRWD.US) stock price fell, with the stock dropping nearly 10% to $233.34 as of the time of publication. The news indicates that Delta Air Lines (DAL.US) has hired renowned lawyer David Boies to seek compensation from CrowdStrike and Microsoft (MSFT.US).

Previously, CrowdStrike's software update error caused approximately 8.5 million Windows computers worldwide to experience blue screen crashes, disrupting the normal operations of industries such as aviation, banking, and healthcare. The impact on airlines was particularly severe, with Delta Air Lines being one of the largest victims in this major crash event.

It is estimated that this incident has caused Delta Air Lines losses ranging from $350 million to $500 million. After nearly 7,000 flights were canceled, Delta Air Lines is now handling over 176,000 refund or compensation requests