Darktrace announces stock buyback as short-sellers circle

John Leonard
clock • 2 min read
Darktrace announces stock buyback as short-sellers circle. Image source: Darktrace
Image:

Darktrace announces stock buyback as short-sellers circle. Image source: Darktrace

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

UK cybersecurity company Darktrace has announced it plans to buy back up to 35 million shares worth £75 million. The announcement came after its shares fell by more than 10% on Tuesday, as short...

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