"Mistiming" of revenue recognition
... is a fraudulent way increasing a company's stock price.
US private equity investor Thoma Bravo has pulled out of its planned takeover of Darktrace, causing shares in the UK cybersecurity company to plummet. London-based Darktrace revealed it was in early discussions with Thoma Bravo about a possible takeover last month, but confirmed on Thursday "an agreement could not be reached …
From the article - "Dark Trace said the net impact of the..."
Is there really a guy named Dark Trace.
And Avast is Czech and based in Prague, and AVEVA is already to 60% owned by Schneider Electric.
Quoting the Wikipedia:
"On 1 March 2018, AVEVA agreed to merge with France-based Schneider Electric's industrial software business. Schneider Electric became the largest shareholder with a 60% ownership interest.
PS. If you look for Avast on Wikipedia you find no such information. You have to use a differen language to get the information.
-> $415.5 million in its fiscal 2022 ended 30 June. It posted a $1.46 million profit, compared with a $146 million loss last year.
That's 0.3% profitability. Sure, they have curbed losses compared with the previous year, but prior earnings are no guarantee about the future. But 0.3% is hardly beating-the-doors-down level of excitement.