31-01-2023 14:37 via theguardian.com

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

Company co-founded by Mike Lynch hit by wave of criticism of its sales, marketing and accounting practicesThe 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.The company, which earlier this month warned of slowing numbers of new customers signing up for its artificial intelligence-led security products, h
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