A prominent Uk cybersecurity stock is underneath attack from shorter sellers. This is what you need to know

A prominent Uk cybersecurity stock is underneath attack from shorter sellers. This is what you need to know


Important Points
  • Cybersecurity business Darktrace was last 7 days qualified in a short vendor report from New York-primarily based asset manager Quintessential Capital Management.
  • QCM mentioned it identified alleged flaws in Darktrace’s accounting and lifted worries around its connections to Mike Lynch, a tech tycoon facing U.S. prison fraud expenses.
  • In reaction, Darktrace CEO Poppy Gustafsson issued a statement defending the firm from what she named “unfounded inferences” manufactured by QCM.



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