CrowdStrike stock drops 13% amid fallout from Microsoft Windows outage

CrowdStrike shares slipped as much as 13 per cent this morning, as the cybersecurity software company continued to help clients across industries recover from an outage that took millions of Microsoft Windows devices offline last week.

Guggenheim Securities downgraded its rating on CrowdStrike shares to neutral from buy yesterday.

While Goldman Sachs maintained their buy rating on the company's shares in a note issued early today. 

But analysts at the investment bank said they expected CrowdStrike's deals to take longer to close between the time of the outage and July 31 — the end date of the software company's fiscal second quarter.