When a 25% Drop in 1 Day for a $100 B Cloud Security Powerhouse, or in 9 Trading Days for a Prestigious Dow 30 Leader, Isn’t a Discount.
What the sudden collapse at IBM and CrowdStrike teaches us about AI disruption and the difference between price and value
On February 20th, at 1 PM ET, Claude announced “Claude Code Security”—an automated AI tool that scans codebases for vulnerabilities. A day later, CrowdStrike stock CRWD had erased $20 billion in market capitalization. Three days after that, IBM touched its steepest nine-session drawdown in decades.
Neither company is in the Cara 100 watchlist of investab…
