The whole world stops, stocks hit the floor, Wizz Air also falls – LIVE

Microsoft shares fell by more than 2 percent on Friday, there is hardly any need to look for an explanation, half the world is talking about the huge upheaval: air travel was paralyzed, banks were shut down after an update of an antivirus program may have interfered with Windows operating systems.

We follow the events related to the basic news here.

What the exchange rates reflect is the so-called pre-market market before the New York stock market opens at 3:30 p.m., where the trading volume is much lower, but based on the exchange rate movements here, it is possible to infer how the shares open at the official bell.

Shortly before noon, Microsoft shares fell by 2 percent, the exchange rate fluctuates between 431-432 dollars. Microsoft’s investors haven’t had a moment of peace for weeks, the papers that traded at $467 two weeks ago are currently worth nearly 8 percent less.

The shares of the other main stakeholder in the story, the cybersecurity tech company Crowdstrike, are about to fall even more. Moreover, the sale in the pre-market market is panicky, their shares are down 17 percent.

Wizz Air was also involved in the case, as we wrote, due to the outage of the IT system, it is possible that Wizz Air passengers may experience interruptions in the airline’s international network, and the availability of the website and mobile application may be temporarily suspended. Accordingly, Wizz Air shares are down on the London stock exchange, currently down by 2 percent.

There is nothing wrong with the Hungarian stock market, even the airlines can get away with it

Several of the companies traded on the Budapest Stock Exchange have involvement and exposure to the cloud business. Gloster papers, which offer multiple cloud services (Azure, Microsoft 365, Dynamics), have not yet been bound on Friday. The prices of 4iG securities, which also provide hybrid and multi-cloud services, do not really appear to be a problem either, they are down by one percent. The BUX index moves minimally below Thursday’s closing value.

A Reuters according to his report, American Airlines, Delta Airlines, United Airlines and Allegiant Air flights were also grounded on Friday morning; there is no sign of negative news on the shares of the companies.

However, some would already get rid of the shares of European passenger carriers. Accordingly, the Ryanair exchange rate is down by 3.6 percent and Air France-KLM by 1.8 percent.

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Source: www.economx.hu