CrowdStrike Holdings Inc (NASDAQ:CRWD) shares continued to fall on Monday as businesses around the world work to resume regular operations after a faulty update from the cybersecurity firm caused millions of Microsoft Windows computers to crash on Friday.
Microsoft said over the weekend that about 8.5 million Windows devices, less than 1% of all Windows machines, were impacted by the outage.
CrowdStrike has since said “a significant number” of these 8.5 million devices impacted by the outage are now back online and operational.
“We understand the profound impact this has had on everyone,” CrowdStrike said in a statement.
“We apologize for the disruption this has created. Our focus is clear: to restore every system as soon as possible.”
Shares of CrowdStrike were down another 8.5% at about $279 shortly after Monday’s opening bell after plunging 11.1% on Friday.
Over the past five days, the stock had dropped about 25%.