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
Mike Lynch extradited to US to face fraud charges

Legislation and Regulation

Entrepreneur finally loses his battle to be tried in the UK

clock 12 May 2023 • 2 min read
Darktrace announces stock buyback as short-sellers circle

Finance and Reporting

Plans to buy back up to 35 million shares as finance firms QCM and Marshall Wace bet against it

clock 01 February 2023 • 2 min read
Darktrace shares drop 14% as worsening economy hits cyber sector

Corporate

Cambridge-based AI security company reduces forecasts and loses £300 million in market value

clock 12 January 2023 • 2 min read
Most read
01

Cabinet Office terminates £9m Microsoft deal

16 February 2024 • 2 min read
02

Microsoft announces critical zero-day Exchange bug

16 February 2024 • 1 min read
04

Cisco cuts more than 4,000 jobs

15 February 2024 • 3 min read
05

Sign up to our newsletter

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

More on Finance

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
HSBC online banking outage hampers Black Friday shopping for thousands

HSBC online banking outage hampers Black Friday shopping for thousands

Many customers complained about the lack of communication from the bank

clock 27 November 2023 • 3 min read
Microsoft owes $29bn in tax, US authorities say

Microsoft owes $29bn in tax, US authorities say

Microsoft says it disagrees with the IRS' latest tax demand

clock 13 October 2023 • 3 min read