{"id":8819,"date":"2023-02-01T08:39:12","date_gmt":"2023-02-01T07:39:12","guid":{"rendered":"https:\/\/costops.com\/index.php\/2023\/02\/01\/uk-cybersecurity-firm-darktraces-shares-dive-as-short-sellers-circle\/"},"modified":"2023-02-01T08:39:12","modified_gmt":"2023-02-01T07:39:12","slug":"uk-cybersecurity-firm-darktraces-shares-dive-as-short-sellers-circle","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2023\/02\/01\/uk-cybersecurity-firm-darktraces-shares-dive-as-short-sellers-circle\/","title":{"rendered":"UK cybersecurity firm Darktrace\u2019s shares dive as short sellers circle"},"content":{"rendered":"

Company co-founded by Mike Lynch hit by wave of criticism of its sales, marketing and accounting practices<\/p>\n

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.<\/p>\n

The company, which earlier this month warned of slowing numbers of new customers<\/a> signing up for its artificial intelligence-led security products, has attracted the attention of Quintessential Capital Management (QCM) and the London-based Marshall Wace, one of the world\u2019s biggest hedge funds with $60bn (\u00a349bn) in client assets.<\/p>\n

Continue reading…<\/a>
\nCompany co-founded by Mike Lynch hit by wave of criticism of its sales, marketing and accounting practices
\nThe 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.
\nThe company, which earlier this month warned of slowing numbers of new customers signing up for its artificial intelligence-led security products, has attracted the attention of Quintessential Capital Management (QCM) and the London-based Marshall Wace, one of the world\u2019s biggest hedge funds with $60bn (\u00a349bn) in client assets. Continue reading…Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"

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, …<\/p>\n

UK cybersecurity firm Darktrace\u2019s shares dive as short sellers circle<\/span> Read More »<\/a><\/p>\n","protected":false},"author":0,"featured_media":8820,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/8819"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=8819"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/8819\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/8820"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=8819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=8819"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=8819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}