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Darktrace shares fall below IPO price as new client sign-ups slow

Cybersecurity firm hits lowest level since flotation as co-founder fights extradition to US on fraud charges

The market value of Darktrace has fallen to the lowest level since floating almost two years ago after the British cybersecurity company warned about slowing numbers of customers signing up for products.

The warning prompted a drop in the share price of the company, based in Cambridge, which positions itself as a potential European superpower in the US-dominated cybersecurity space but had its business model criticised last year.

Continue reading…Leer másCybercrime | The Guardian

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