Group 1 - Shares of warehouse automation platform Symbotic fell 29% in December, despite finishing the year up over 150% [1] - Management and a large shareholder decided to capitalize on the stock surge by conducting an equity sale, leading to shareholder dilution [2] - On December 3, Symbotic announced a 10 million share sale offering priced at $55 per share, significantly lower than the trading price earlier in the month [3] Group 2 - The share sale included a 6.5 million share block sold by Symbotic for corporate purposes and a 3.5 million share block sold by SoftBank, which retained the proceeds [4] - SoftBank's sale represented less than 10% of its nearly 40 million shares in Symbotic, and the company has been raising cash from other investments to fund its commitments [5] - The decision to raise funds despite having nearly $1.25 billion in cash and positive free cash flow raises questions about whether the stock was perceived as overpriced [6][8] Group 3 - Symbotic's strong performance in the fiscal fourth quarter led to the decision to sell stock at high prices in early December, indicating effective execution as a next-gen robotics automation platform [9]