Sometimes tech companies have the wrong people at C-level. These people constantly make bad decisions, and have their subordinates pay for them. Investors are

Sometimes tech companies have the wrong people at C-level. These people constantly make bad decisions, and have their subordinates pay for them. Investors are often oblivious to these details. If the company is not doing as well as expected due to crippling tech debt, high turnover rates, dumb decisions, etc. the CEO will come up with an excuse (since COVID, this is easier than ever).