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DRKTF / Will Darktrace results restore investor confidence after short-seller attack?

Will Darktrace results restore investor confidence after short-seller attack?
Darktrace PLC (LSE:DARK) shares fell to 20% below their float price in January after cutting revenue guidance and investors will be hoping that at its interim on Wednesday the company can reassure on the quality of its finances and send the rollercoaster ride on another upswing. Since its April 2021 initial public offer at 250p, which had been much reduced after shade cast by early tumbles for Deliveroo following its flotation earlier that year, the AI-powered cybersecurity group quickly began a storming run that took it close to 950p by the autumn of that year, before dropping back last year and attracting potential suitor Thoma Bravo into talks. Read More
Posted: Mar 3 2023, 12:07
Author Name: Proactive Investors
Views: 110655

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Darktrace backs outlook amid signs of rising new business

By Proactive Investors
October 12, 2023

Darktrace backs outlook amid signs of rising new business

Darktrace PLC (LSE:DARK) held guidance after reporting a strong start to the financial year amid signs of a pick-up in new business.  The cyber secur more_horizontal

Darktrace: Positive On The Change In GTM Strategy

By Seeking Alpha
September 19, 2023

Darktrace: Positive On The Change In GTM Strategy

Darktrace's stock has rallied approximately 50% since March, but I still see further upsides due to strong performance and growth potential. The compa more_horizontal

Darktrace meets guidance, expects 'year of two halves'

By Proactive Investors
September 6, 2023

Darktrace meets guidance, expects 'year of two halves'

Darktrace PLC (LSE:DARK) reported strong profit growth for the past year and said the new financial year would be a “tale of two halves”, with sta more_horizontal

Is it time to revisit Darktrace's equity story?

By Proactive Investors
September 1, 2023

Is it time to revisit Darktrace's equity story?

In the face of a short-selling attack and a subsequent worrying Ernst & Young review earlier this year, British cybersecurity firm Darktrace PLC (LSE: more_horizontal

THG boss sparks heated debate over short seller attack on Darktrace

By Proactive Investors
August 22, 2023

THG boss sparks heated debate over short seller attack on Darktrace

Matt Moulding founder and chief executive officer of THG PLC (LSE:THG) has found himself embroiled in a heated debate with Quintessential Capital Mana more_horizontal

Darktrace backer Summit offloads chunk of shares

By Proactive Investors
July 28, 2023

Darktrace backer Summit offloads chunk of shares

Shares in cyber security specialist Darktrace slipped 3% as major shareholder Summit Partners unloaded 20.8mln shares through a placing overnight. Sum more_horizontal

Darktrace shares pop 26% after EY concludes report into accounting allegations

By CNBC
July 18, 2023

Darktrace shares pop 26% after EY concludes report into accounting allegations

Darktrace said EY found a "small number of errors and inconsistencies" with some contracts — but nothing that would be "material" to its financial s more_horizontal

Darktrace surges following EY review

By Proactive Investors
July 18, 2023

Darktrace surges following EY review

Shares in Darktrace surged 19 to 350p after it came out the other end of a review by Ernst & Young unscathed. The cyber security firm said the indepen more_horizontal


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