Atlassian stock price slides 8% on Citi target cut and insider sales as earnings loom
Atlassian shares dropped 7.7% to $118.55 Friday after Citi cut its price target to $210. CEO Mike Cannon-Brookes sold 7,665 shares this week under a pre-arranged plan, according to an SEC filing. The company named Google’s Anil Sabharwal to its board and will report earnings Feb. 5.