Ann: MOZ - Market Update, page-5

I think the statement about it being due to Omicron is a bit weird, however they said that trading conditions were improving but not as fast and they would make a loss this FY. It doesn't even say how much the loss might be. There are also probably margin pressures due to inflation they may not be telling us about.

However even then I don't see why that would result in a 33% drop in a single day apart from the market's usual fit to ridiculously punish any company that may be having a rough moment. MOZ over the long term, with the quality of brands in its portfolio and the hope that inflation may be starting to peak (it looks that way in the US at least), is probably still a good bet I would say.