Tuesday, December 15, 2020

SolarWinds' top investors Silver Lake and Thoma Bravo sold a combined $286M worth of stock in the company on Dec. 7, six days before the hack was made public (Washington Post)

Washington Post:
SolarWinds' top investors Silver Lake and Thoma Bravo sold a combined $286M worth of stock in the company on Dec. 7, six days before the hack was made public  —  The timing of the trades raises questions about whether major shareholders used inside information to avoid stark losses after the attack.



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IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 results below estimates (CNBC)

CNBC : IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 re...