Didn’t a bunch of people already short the stock before the announcement? I’m guessing he doesn’t care. It’s just the remaining board members trying to fix their image now (they probably got their cut too).
Nobody (that I know of) shorted, but Riccitiello and several other Unity executives sold shares in the weeks before the announcement. For at least Riccitiello this was part of a longer effort of selling, though, as he sold many shares over the whole past year.
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Didn’t a bunch of people already short the stock before the announcement? I’m guessing he doesn’t care. It’s just the remaining board members trying to fix their image now (they probably got their cut too).
Nobody (that I know of) shorted, but Riccitiello and several other Unity executives sold shares in the weeks before the announcement. For at least Riccitiello this was part of a longer effort of selling, though, as he sold many shares over the whole past year.