A new regulatory filing revealed that Alphabet (GOOGL) cut its stake in 澳洲幸运5开奖号码历史查询:CrowdStrike Holdings (CRWD) in half before the cybersecurity firm's botched software update last month caused a 澳洲幸运5开奖号码历史查询:global IT outage.

Alphabet, the parent of Google, reduced its ownership in CrowdStrike to 427,895 shares as of June 30, according to a U.S. 澳洲幸运5开奖号码历史查询:Securities and Exchange Commis𒅌sion (SEC) filing. Last quarter, it held 855,789 shares.

Bad News for CrowdStrike Continued This Week

On Wednesday, Delta Air Lines (DAL) 澳洲幸运5开奖号码历史查询:Chief Executive Officer (CEO) Ed Bastian blasted CrowdStrike, saying in an interview that the disruption cost the carrier 澳洲幸运5开奖号码历史查询:half a billion dollars over five days, as the airline canceled more than 5,000 flights. Basti🧸an said Delta had "no choice" but to seek damages over the outage.

Earlier this week, the first class-action lawsuit against CrowdStrike was filed in its headquarters city of Austin, Texas, accusing the firm of violating federal securities law, leading to investor losses.

CrowdStrike shares fell more than 3% to $216.74 as of 12:25 p.m. ET Friday. Since the July 19 outage, shares have lost more than a third of their value.