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A prominent UK cybersecurity stock is under attack from short sellers. Here’s what you need to know

A prominent UK cybersecurity stock is under attack from short sellers. Here’s what you need to know

A prominent UK cybersecurity stock is under attack from short sellers. Here’s what you need to know

Cybersecurity company Darktrace, one of the U.K.’s most prominent tech names, has found itself under attack from short sellers.

The company, whose tools allow firms to combat cyberthreats with artificial intelligence, was last week targeted in a report by New York-based asset manager Quintessential Capital Management.

QCM, whose stated aim is “exposing fraud and criminal conduct in public companies around the world,” claims it has had a 100% success rate in its activist campaigns.

Read more about this at: CNBC