Darktrace shares continue to fall as investor lock-up period comes close to an end

clock • 2 min read
Darktrace shares continue to fall as investor lock-up approaches end
Image:

Darktrace shares continue to fall as investor lock-up approaches end

The firm's shares plunged as much as 27 per cent last week after an analyst note the firm was worth only half its last closing value of £6.6 billion

Cambridge-based cybersecurity firm Darktrace has suffered a second share crash in just over a week, as the end of an investor lock-up period approached. On Monday, the artificial intelligence-fo...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
US court clears Mike Lynch of fraud charges

Law

Lynch, who faced 15 counts of fraud, says he is ‘elated’

clock 07 June 2024 • 2 min read
UK tech magnate Mike Lynch defends himself in US court

Law

Lynch likens scrutiny to finding bacteria in a seemingly spotless kitchen.

clock 24 May 2024 • 2 min read
Darktrace agrees $5.3bn takeover by Thoma Bravo

Mergers and Acquisitions

Thoma Bravo to add Cambridge-based company to security software portfolio 20 months after first opening talks

clock 29 April 2024 • 2 min read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Finance

Raspberry Pi announces plans to go public on London Stock Exchange

Raspberry Pi announces plans to go public on London Stock Exchange

The news comes as a welcome relief for the LSE

clock 16 May 2024 • 2 min read
Cybersecurity Festival 2024: Four ways to cut your cyber insurance premiums

Cybersecurity Festival 2024: Four ways to cut your cyber insurance premiums

Certifications mean nothing without action

Tom Allen
clock 08 May 2024 • 4 min read
Built world climate tech stands out against VC slump

Built world climate tech stands out against VC slump

The UK is in a strong position for global investment

Penny Horwood
clock 06 December 2023 • 3 min read