Sources say Automattic’s board is out after failed attempt to oust CEO Matt Mullenweg
Published . Updated .
Automattic’s board is out, days after its members voted to put chief executive Matt Mullenweg on leave, sources tell TechCrunch.
Directly affected
- No company is named in this report.
Indirectly affected
- SPY SPDR S&P 500+1.6%
The broad U.S. stock market
- TLT iShares 20+ Year Treasury Bond-1.8%
Long-term U.S. government bonds
- QQQ Invesco QQQ+2.3%
Large technology stocks
- GLD SPDR Gold Shares-3.3%
Gold can move with the broad market
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| SPYNo price data for this ticker | — | — | — | — | — | — | — |
| TLTNo price data for this ticker | — | — | — | — | — | — | — |
| QQQNo price data for this ticker | — | — | — | — | — | — | — |
| GLDNo price data for this ticker | — | — | — | — | — | — | — |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Market Call
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Automattic’s board is out, days after its members voted to put chief executive Matt Mullenweg on leave, sources tell TechCrunch.
Source: TechCrunch
This story
Trades by members of Congress and officials in the stocks in this story
- Frank J Bisignano, an executive branch official, bought Spdr S&P 500 Etf Trust (SPY), worth $500,001 - $1,000,000 on 16 Jun 2026. That is 90 days before publication. Filed 8 Aug 2026. View the filing.
- Frank J Bisignano, an executive branch official, bought Spdr S&P 500 Etf Trust (SPY), worth $50,001 - $100,000 on 16 Jun 2026. That is 90 days before publication. Filed 8 Aug 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
This story
12 out of 100
“Sources say Automattic’s board is out after failed attempt to oust CEO Matt Mullenweg” scores 12 out of 100. The score uses 1 sources.