If you want to calculate how fast price will return, consider that yesterday, 40% of the float was short. With today's bump, there is still 39% of the float still short. As we approach earnings, I suspect the rest will try to cover at once causing a stampede and considerable price jump.
Short sellers have been attacking cybr since September. The choppy price line indicates weak holders leaving as smart holders take advantage of the shorts-attack. Banks still love cybr. I'm buying on the price slumps as after next earnings report, price will jump, perhaps double as shorters try to cover. Let's enjoy our unique opportunities as we can.
Company could have avoided the confusion by either naming the old NYLD as NYLD.A and the new NYLD.C or just name the new class C as NYLD.C. But it didn't. I wonder the reason for the renaming and spilt. Anyone care to guess?