Darktrace hits back at short seller over accounting accusations

Darktrace has been accused by a US hedge fund of inflating its growth rates prior to its IPO in April 2021. An investigation by short seller Quintessential Capital Management claims the Cambridge company, a leader in cybersecurity, included “simulated or anticipated sales to phantom end-users through a network of resellers” in its figures. Darktrace hit … Continue reading Darktrace hits back at short seller over accounting accusations