Short seller says Darktrace targets are "a pipe dream"

Tom Allen
clock • 2 min read
Darktrace is still tarnished by its associations with former Autonomy founder Mike Lynch
Image:

Darktrace is still tarnished by its associations with former Autonomy founder Mike Lynch

ShadowFall says Darktrace’s business is driven by “an aggressive, promotional, sales focus” and is unlikely to stand the test of time

British hedge fund ShadowFall has taken a short position against cybersecurity specialist Darktrace, calling its business "watery-thin". The hedge fund is known in the City as the ‘dark destroye...

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