|Bid||505.00 x N/A|
|Ask||790.00 x N/A|
|Day's range||634.50 - 716.00|
|52-week range||250.00 - 787.00|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
(Bloomberg) -- Even as Mike Lynch faces potential extradition to the U.S. on fraud charges those who have stayed loyal to the British tech entrepreneur are reaping the rewards of standing by their man.Shares in Darktrace Plc, a cybersecurity company that Lynch helped found, took a hit as a London judge supported Lynch’s extradition to answer fraud charges. Lynch is accused of artificially inflating revenue at his previous company, Autonomy Corp, ahead of an $11 billion sale to Hewlett-Packard in
A potential bid could value Avast at around £5.8bn, according to reports.
LONDON (Reuters) -Darktrace, the cybersecurity company that listed in April, upgraded its guidance for 2022 on Thursday as it said revenue for the financial year just ended would grow by a better-than-expected 40% plus to at least $278 million. Shares in the British company, which were priced at 250 pence in the IPO, jumped 15% to a new high of 664 pence after the update. Chief Executive Poppy Gustafsson said demand for Darktrace's AI solutions was "robust, as advanced cyber-attacks continue to outpace the human capability of security teams".