UK cybersecurity firm Darktrace’s shares dive as short sellers circle

UK cybersecurity firm Darktrace’s shares dive as short sellers circle

a year ago
Anonymous $gM56WhLPcK

https://www.theguardian.com/business/2023/jan/31/uk-cybersecurity-firm-darktrace-shares-short-sellers

Company co-founded by Mike Lynch hit by wave of criticism of its sales, marketing and accounting practices

The value of Darktrace has plummeted to a record low after the emergence of two new short sellers betting against its business, as the British cybersecurity firm was hit by a new wave of criticism of its sales, marketing and accounting practices.