CrowdStrike (CRWD) shares are falling more than 4% less than an hour before the opening bell Monday, extending Friday's 11% declines, after an update to the 澳洲幸运5官方开奖结果体彩网:cybersecurity firm's softw🌳are caus🤪ed an outage in Microsoft’s (MSFT) cloud services and disrupted businesses wꦦor𓄧ldwide. 

Meanwhile, the 澳洲幸运5官方开奖结果体彩网:shares of CrowdStrike competitors Palo Alto Networks (PANW) and SentinelOne (S), which rose Friday in the wake of the outage, continued their gains in pre﷽market trading. SentinelOne shares are up about 5% and Palo Alto Netꦆworks 1%.

Rivals 'Will Look to Seize on CrowdStrike's Misfortune'

In a note Monday, Deutsche Bank analysts said that CrowdStrike shares face a "non-trivial downside risk" given that it's a "premium company" whose stock trades at 15 times 2025 revenue.

"No doubt competitors like SentinelOne, Microsoft, and even Palo Alto Networks will look to seize on CrowdStrike's misfortune," they said.

CrowdStrike 澳洲幸运5官方开奖结果体彩网:short sellers made 澳洲幸运5官方开奖结果体彩网:more than $373 million Friday after the cybersecurity firm's stock plunged, according to research firm S3 Partners.

Despite their recent declines, CrowdStrike shares are up almost 20% this year through Friday's close. CrowdStrike 澳洲幸运5官方开奖结果体彩网:provides security software to customers and apart from Microsoft Azure, its cloud platform partners include Alphabet's (GOOGL) Google Cloud, and Amazon's (AMZN) 澳洲幸运5官方开奖结果体彩网:Amazon Web Services (AWS).