Skip to navigationSkip to contentSkip to footerHelp using this website - Accessibility statement
Advertisement

Why investors see an opportunity in CrowdStrike shares

Tess Bennett
Tess BennettTechnology reporter

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Australian stock pickers say a plunge in CrowdStrike’s shares after the cybersecurity software maker caused a global outage represents a buying opportunity, with slim cyber pickings – but some value – on the ASX.

A rogue software update put an end to a red-hot run for Crowdstrike on the Nasdaq, where its shares had doubled in the past 12 months. Its shares are down 11.6 per cent since the outage was triggered.

Martin Pretty, director and investment manager of Equitable Investors, backs three under-the-radar ASX cybersecurity technology companies. Eamon Gallagher

Loading...
Tess Bennett is a technology reporter with The Australian Financial Review, based in the Brisbane newsroom. She was previously the work & careers reporter. Connect with Tess on Twitter. Email Tess at tess.bennett@afr.com

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Technology

Fetching latest articles

Most Viewed In Technology