- David Hsieh, Ubiquiti's (UBNT -8.1%) chief marketing officer, left the company last Friday. (8-K)
- With shares up nearly 5x from their Aug. '12 bottom prior to the disclosure, some investors may be looking for a reason to take profits. Ubiqiti rallied last Thursday after BofA/Merrill hiked its PT to $50, and flew higher earlier in the month due to good earnings news.