Darktrace shares fall after JPM starts coverage with ‘underweight’ rating

Rising costs are likely to dent cyber security firm Darktrace’s (DARK.L) profit growth, J.P.Morgan analysts said on Tuesday, as they started coverage of the stock with an “underweight” rating.
Darktrace shares glow as UK cyber group lifts outlook

British cyber security firm Darktrace (DARK.L) lifted its full-year revenue and margin guidance on Tuesday after it enjoyed a near 40% jump in customers, driving its shares higher after a recent slump.