Cybersecurity firm Darktrace hires EY to review financial processes after damning short seller report
Publishing timestamp: 2023-02-20 11:43:15
Summary
Cybersecurity firm Darktrace has appointed auditing firm EY to review its financial processes and controls after a short seller accused the company of manipulating its accounts. Darktrace's board chair Gordon Hurst said the decision to launch the review was a sign of its confidence in the robustness of Darktrace's financial processes. The review will be reported to the chair of Darktrace's audit and risk committee, Paul Harrison. Darktrace shares rose more than 2% on the news.
Sentiment: POSITIVE
Tickers: DARK-GB,
Keywords: darktrace plc, markets, hedge funds, internet, enterprise, technology, business news,