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GameStop's Short Squeeze Anniversary: A Look Back At David Vs. Goliath Battle And What's Next (CORRECTED)
Tuesday, June 25, 2024 - 1:33pm | 1562Editor’s Note: This article was originally published on January 13, 2023, and has been updated to remove a reference to Citadel Securities. An epic battle that saw retail traders take on hedge funds played out in early 2021 and centered around video game retailer GameStop Corp...
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'So Much Is Wrong:' Short-Seller Andrew Left Says 'Roaring Kitty' Trying To Take Advantage Of Retail Traders After Revealing Huge GameStop Position
Tuesday, June 4, 2024 - 5:08am | 820After Keith Gill, also known as “Roaring Kitty,” created a flutter in the market on Monday by sending GameStop Corp. (NYSE:GME) shares higher by disclosing a huge stake in the video-game retailer, short seller Andrew Left raised doubts about whether it was someone else operating...
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The 'Most Ridiculous IPO' Of 2020? Citron Hits DoorDash With $40 Target
Thursday, December 17, 2020 - 3:18pm | 331Notorious short seller Citron Research is out with a report questioning the large valuation given to DoorDash Inc (NYSE: DASH) from its recent IPO. Citron On DoorDash: Citron calls DoorDash the "most ridiculous IPO of 2020" and assigns a $40 price target in a new report. “There is...
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Citron Research Says Tesla Shares Are Doing 'Too Much Too Fast'
Friday, December 27, 2019 - 2:46pm | 531Tesla Inc (NASDAQ: TSLA) has been one of the biggest market winners of the second half of 2019. On Friday, Citron’s Andrew Left said the stock may run out of gas in the near future. The short seller, who has taken both sides of the Tesla trade in recent years, said on Twitter Tesla’s 96...
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Citron Thinks Peloton's Stock Is Going To $5, Compares It To GoPro
Tuesday, December 10, 2019 - 4:05pm | 532Peloton Interactive Inc (NASDAQ: PTON) shares hit the skids on Tuesday after Citron Research editor and notorious short seller Andrew Left bashed the stock and said its share price is heading to $5 by the end of 2020. Valuation In Focus Left said Peloton’s valuation doesn’t make sense...
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Citron Claims Alexandria Ocasio-Cortez Is Just What Twitter Needs
Friday, January 25, 2019 - 12:15pm | 451Last month, Citron Research pulled the plug on Twitter Inc (NASDAQ: TWTR) assuming fallout from a negative Amnesty International report. The human rights organization had criticized Twitter for facilitating abuse of women and minorities, prompting Citron to label the site the “Harvey...
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Even Marijuana Bulls Are Becoming Skeptical Of US-Listed Cannabis Stock Prices
Wednesday, September 5, 2018 - 3:01pm | 959Cannabis stocks were again smoking Wednesday after Cronos Group Inc (NASDAQ: CRON) announced a partnership with Ginkgo Bioworks before to produce cannabinoids at scale. Analysts are optimistic about the future for the marijuana industry, but even cannabis bulls are increasingly skeptical of market...
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Cronos Group, Analyst Respond To Citron's Short Report
Friday, August 31, 2018 - 2:55pm | 555Cronos Group Inc (NASDAQ: CRON) stock bounced back by 8.8 percent Friday after a 30-percent Thursday sell-off. The decline stemmed from accusations from Citron Research that Cronos is deceiving investors by not disclosing the size of its distribution agreements with Canadian provinces. Citron...
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PolarityTE's Stock Falls 30% After Citron Calls It A Fraud
Monday, June 25, 2018 - 1:41pm | 432PolarityTE Inc (NASDAQ: COOL) stock crashed more than 30 percent Monday after short seller and Citron Research founder Andrew Left accused the biotech company of fraud. PolarityTE’s business was acquired by Majesco Entertainment in December 2016 strictly based on perceived value in patent...
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The Long And The Short Of It: Bitcoin Bull, Bear Weigh In On Huge Move
Wednesday, November 29, 2017 - 3:49pm | 690Bitcoin surged to another new all-time high this week, crossing the $11,000 level for the first time. But while some onlookers see bitcoin and other cryptocurrencies as a massive financial bubble, others say the bitcoin rally is just getting started. For the third time this month, Standpoint...
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Veritone Comes Crashing Back To Earth
Tuesday, October 17, 2017 - 2:25pm | 516Veritone Inc (NASDAQ: VERI) stock dipped another 7 percent on Tuesday and is now down more than 60 percent from its all-time high in less than a month. Veritone’s volatility has been incredible since a Barron’s article triggered a buying spree back in August, and traders are now trying...
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'All Timing': Citron Covers Helios And Matheson Short
Thursday, October 12, 2017 - 3:17pm | 373That was quick. A day after calling out Helios and Matheson Analytics Inc (NASDAQ: HMNY) following its massive run, Citron Research has covered its short position. Covering $hmny. Don't like to stay short companies that are expected to lose money high borrow $ hit tgt price in one day. all...
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The Polarizing Story That Is Shopify
Wednesday, October 11, 2017 - 2:27pm | 619Shopify Inc (US) (NYSE: SHOP) stock has been all over the map so far in 2017, surging from under $45 per share at the beginning of the year to as high as $123.94 in September. However, the stock has since tanked to below $90 per share before rebounding to trade at around $95.70 on Wednesday. The...
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Citron's Andrew Left Hits The Airwaves To Explain His Bullish BlackBerry Stance
Friday, June 2, 2017 - 12:25pm | 468Citron Research's Andrew Left made a bold call this week: Canada-based BlackBerry Ltd (NASDAQ: BBRY) could be the next NVIDIA Corporation (NASDAQ: NVDA). After publishing a research report, Left was a guest on Bloomberg's "Bloomberg Markets" segment Thursday to follow up on his report. He's Not...
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Andrew Left Doubles Down On Wayfair Thesis
Wednesday, May 10, 2017 - 1:55pm | 416Shares of Wayfair Inc (NYSE: W) are trading near all-time highs, which is good news for stockholders but bad news for short sellers. One of the most notable short sellers on Wall Street, Citron Research, has been short the company since 2015 and made the case to Benzinga on Tuesday why he isn't...