Darktrace turns a corner after top executives buy more shares | Business

This hasn’t been a great week for Darktrace, which is hardly a surprise considering that one of its senior executives was referenced in a High Court judgement about the Autonomy scandal. The former stock market darling’s shares slumped to a three-month low on Wednesday after the ruling named Nicole Eagan, chief strategy officer at Darktrace, as being part of a “small clique” of “loyal lieutenants” behind Mike Lynch’s £8.9 billion sale of Autonomy a decade ago.

A day later, though, Darktrace said that neither it nor its “acting executives are targets in the legal proceedings in the UK or the US”, which helped to arrest the slide. So, too, did the decision by Poppy Gustafsson, the Darktrace boss, to buy shares worth £100,000 on