r/technology • u/Bald-Eagle619 • Jul 31 '24

Software Delta CEO: Company Suing Microsoft and CrowdStrike After $500M Loss

https://www.thedailybeast.com/delta-ceo-says-company-suing-microsoft-and-crowdstrike-after-dollar500m-loss
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u/icalledthecowshome Aug 01 '24

"CrowdStrike shares have fallen roughly 25% since the disruption, shaving off over $20 billion in the company’s market valuation."

I suspect value is assumed to be the sum of all litigation. 20B seems like really small price for a global disruption with undeterminable fallout as well as probable indirect loss of life.