In Tuesday’s Blitz Daily, we take a look at software intelligence company Dynatrace as its stock price continues to slide in November.
For a moment, it looked like no one wanted to own shares of Dynatrace — not even the C-suite. Wall Street put shares of the digital analytics company up on the chopping block in recent weeks, with prices taking an 18.8% dive since Nov. 5.
Things went from bad to worse after several top-level executives dumped their stock on Nov. 17 after an SEC filing revealed four board members including CEO John Van Siclen sold about $11 million worth of shares.
With prices closing in on a three-month low, the bulls came in to buy the blood Tuesday!
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