Response to share drop - Sheldon, where are you?Sheldon needs to the adult it the room here.
How they respond to the bad quarter is one thing and how they respond to the share sell off is another.
If Tal walks back his comments on the call regarding a buyback and caring about the share price, it would likely appease some shareholders that management has their back and establish a floor in the stock.
If they do pretty much nothing US investors are likely not coming back as they know this stock is vulnerable on any weakness / missed results and short attacks.
I know Tal has voiced his opinion on this but I'm sure he has been getting slammed as institutional investors have been selling, especially those US investors and analysts that supported the Nasdaq offering.
They are going to have to pull a rabbit out of a hat to bring those investors back. He has burned them badly.