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Spruce Point's Ben Axler Talks Church & Dwight Short: 'Very Simple Case'
Monday, September 9, 2019 - 12:27pm | 642Spruce Point Founder and CIO Ben Axler said in a CNBC interview Monday morning there is a "very simple case" for being short Church & Dwight Co., Inc. (NYSE: CHD). What Happened Spruce Point said in a short report Thursday that the parent company of Arm & Hammer engages in...
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Spruce Point, Kerrisdale Talk Bearish Bets: 'You Have To Work Harder To Understand The Short'
Friday, June 21, 2019 - 12:10pm | 441Seymour Asset Management founder and CIO Tim Seymour led a conversation at the Benzinga Trading Summit on short selling, market opportunities and more with Sahm Adrangi, CIO of Kerrisdale Capital, and Ben Axler, CIO of Spruce Point Management. 'Think About It Mathematically' Seymor opened...
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The Ultimate Trading Playlist: Kanye, Zeppelin And Many More
Thursday, May 30, 2019 - 12:26pm | 742Looking for the perfect music to get your trading day started? We recently asked speakers from the upcoming Benzinga Trading Summit which songs get them pumped for a successful day of trading. The result? The Ultimate Trading Playlist - brought to you by our all-star lineup of speakers at the...
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As Square Rises 12%, This Chart Suggests Its Rally Will Fizzle
Friday, January 4, 2019 - 2:58pm | 4930Summary: Square Inc (NYSE: SQ) soared on Friday , trading as much as 12 percent higher, after the financial services company announced late-Thursday that it hired Amrita Ahuja as CFO. The broader market also rallied Friday in response to strong jobs figures and reassuring comments...
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XPO To Repurchase Up To $1B In Stock; Analyst Lifts Rating To "Buy"
Friday, December 14, 2018 - 5:30pm | 1219A number of analysts have stepped forward and issued counterarguments to a negative report on Thursday about XPO, and the company itself has announced a share buyback program. XPO Logistics Inc (NYSE: XPO) announced this morning it will repurchase up to $1 billion of its common stock under a plan...
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Gentex A Strong Sell With 40-80% Downside Potential Near Term, Says Spruce Point
Thursday, July 13, 2017 - 12:25pm | 513Gentex Corporation (NASDAQ: GNTX) shares are sliding on Thursday after short seller Spruce Point Capital founded by Ben Axler released a new short report on the company, titled "A Dim and Grim Outlook." The hedge fund issued a Strong Sell recommendation on the stock, reasoning that there is scope...
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Long-Term Holders Of Ultimate Software: Use Wednesday's Weakness As Buying Opportunity
Wednesday, February 8, 2017 - 11:04am | 379Shares of The Ultimate Software Group, Inc. (NASDAQ: ULTI) were trading lower by more than 4 percent ahead of Wednesday's market open after the company reported its fourth-quarter results Tuesday afternoon. Justin Furby of William Blair commented in the earnings report in a research report. The...
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Ultimate Software CEO Could Step Down 'In Near Future'
Tuesday, February 7, 2017 - 11:22am | 497On Tuesday morning’s PreMarket Prep, Ben Axler, founder and CIO of Spruce Point Capital Management, joined Benzinga to explain why he sees The Ultimate Software Group, Inc. (NASDAQ: ULTI) as the ultimate short-selling opportunity for traders. Axler pointed out a number of reasons why Ultimate...
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Spruce Point's Ben Axler Going Short On Planet Fitness, Shares Down
Wednesday, March 9, 2016 - 11:38am | 257Shares of Planet Fitness Inc (NYSE: PLNT) have tanked 7 percent after short seller Ben Axler of activist investment hedge fund Spruce Point Capital Management said he is going short on the discount gym chain. Axler, speaking at the Harbor Investment Conference, said he thinks the company has a...
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Here's Why Shares Of Silicom Surged 5%
Wednesday, January 27, 2016 - 3:22pm | 138Shares of Silicom Ltd. (NASDAQ: SILC), an Israel-based manufacturer of networking and data infrastructure solutions for servers, were trading higher by more than 5 percent on Wednesday. Ben Axler of Spruce Point Management, a New York-based investment manager, Tweeted earlier in the day that...