Atlassian shares fell 9% as CEO Mike Cannon-Brookes sold over $1.6 million of stock. He sold 7,665 shares at prices between $216.68 and $219.94. Co-founder Scott Farquhar also sold shares. This follows a series of sales earlier this month. Atlassian shares are down 18% in 2025, while the S&P 500 is up 7%.

Read more at Yahoo Finance: Atlassian Stock Drops 9% as CEO Sheds Over $1.6 Million of Shares