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Etsy Struggles To Pay Sellers Due To Silicon Valley Bank Ties: 'I'm Confused And Concerned'
Monday, March 13, 2023 - 12:51pm | 883E-commerce platform Etsy Inc (NASDAQ: ETSY) is the latest public company to chime in on the impact of the collapse of SVB Financial (NASDAQ: SIVB). In the case of Etsy, it’s not just the company that's impacted, but its sellers as well. What Happened: “At Etsy, supporting our...
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Citron Targets Etsy Over Counterfeits Ahead Of Q4 Earnings: Why Shopify CEO Says Andrew Left 'Crawled Out Of The Dredges'
Wednesday, February 22, 2023 - 11:36am | 1029Issuing a short report about a publicly traded company is something the CEO of that company will likely remember. Ecommerce company Shopify Inc (NYSE: SHOP) is one of the companies that has been targeted by famed short-seller Citron Research over the years, something its CEO hasn...
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'Etsy Has Hit A New Low As A Public Company': Why Short Seller Andrew Left Is Sounding Alarm, Sees Trouble Ahead
Thursday, February 16, 2023 - 5:19pm | 994Short seller Andrew Left issued a new short report on e-commerce platform Etsy Inc (NASDAQ: ETSY) Thursday. Here are the key details. What Happened: A key figure in the GameStop story that saw retail traders battle with hedge funds and short sellers, Left is the founder of Citron Research. Left...
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Exclusive: 'People Want To Hear About Revenue Now, Not Bulls***' — Why Citron Research Is Short Luminar Technologies Stock
Friday, January 6, 2023 - 4:34pm | 1088One of the themes of the last two years has been a growing number of lidar technology companies going public — many chose the SPAC route. A hedge fund is now taking on one of those companies and shared with Benzinga exactly why. What Happened: Hedge fund Citron Research, which is headed...
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Why This Short Seller Is Doubling Down Against Cryptocurrency, Says 'US Government Should Be Embarrassed' About FTX Debacle
Monday, November 14, 2022 - 4:43pm | 729Activist investor and short seller Citron Research made headlines in 2021 for attacking stocks like GameStop Corporation (NYSE: GME) and other popular companies with the retail investment crowd. The attack led to a David vs. Goliath battle and a short squeeze. Earlier this year, Citron Research...
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'Gen Z's New Favorite App': What's Going On With Alphabet And Pinterest Shares Today?
Tuesday, September 13, 2022 - 11:25am | 362Alphabet Inc (NASDAQ: GOOG) and Pinterest Inc (NYSE: PINS) shares are trading lower Tuesday amid overall market weakness after the August CPI reading came in above average economist estimates. Tuesday's CPI inflation data could act as a confirmation of recent indicators for...
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Cool Cannabis Products To Cool Down This Summer
Sunday, August 14, 2022 - 12:42pm | 1520This article was originally published on Weedmaps, and appears here with permission. Across the states, all-time heat records have been continually overthrown. And as we head deeper into the summer months, these scorching days will only pile up. Besides seeking shelter under a thick tree...
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Citron Research Targets Bitcoin, Ethereum, NFTs After Staying On Sidelines For 18 Months
Wednesday, June 15, 2022 - 2:38pm | 684A well-known figure from the David vs. Goliath story involving video game retailer GameStop Corp (NYSE: GME) that pitted retail traders against hedge funds and short-sellers has sights set on the cryptocurrency investors. What Happened: Hedge fund Citron Research, led by Andrew Left, has...
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This Day In Market History: NYSE Starts Disclosing Short Sales
Wednesday, May 25, 2022 - 10:12am | 289Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On May 25, 1931, the New York Stock Exchange began regularly reporting short selling data for the first time. Where The Market Was: The Dow finished the day at 132.87. The S...
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'Diamond Hands: The Legend Of WallStreetBets' Dives Into GameStop & AMC Squeeze: Here's What To Know About The Film's Premiere
Wednesday, May 11, 2022 - 1:30pm | 419MSNBC Films, NBC News Studios, and ZCDC Films will premiere “Diamond Hands: The Legend of WallStreetBets” Sunday, May 15 at 10 p.m. EDT on MSNBC. What To Know: The documentary launch comes more than a year after retail traders on online forums like WallStreetBets clashed with famed...
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Bill Ackman Is The Latest High-Profile Short Seller To Abandon Bearish Bets
Wednesday, March 30, 2022 - 12:14pm | 497On Tuesday, hedge fund investor and Pershing Square Holdings Ltd (OTC: PSHZF) CEO Bill Ackman told investors he will no longer be participating in activist short selling campaigns. What Happened? In his annual letter to Pershing Square investors, Ackman said he is retiring from activist short...
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Why The Justice Department Is Going After Short Sellers
Thursday, February 17, 2022 - 11:40am | 600Federal prosecutors are reportedly ramping up a probe into the activities of short sellers, serving subpoenas and seizing hard drives and mobile phones of prominent "activist" short sellers. What Happened? In a story originally reported by Bloomberg News last year, federal investigators...
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Could Peloton Buy Blue Apron? Here's Why Citron's Andrew Left Says Yes
Tuesday, February 8, 2022 - 3:39pm | 279Peloton Interactive Inc (NASDAQ: PTON) could purchase meal kit service Blue Apron Holdings Inc (NYSE: APRN), Citron Research analyst Andrew Left said in a Tuesday note. What Happened: Left’s thesis as to why Peloton should purchase BlueApron comes from a growth...
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Andrew Left: 'Things Have Changed For Short Sellers'
Friday, January 28, 2022 - 11:48am | 586Investor Andrew Left was one of the central figures of the GameStop Corp (NYSE: GME) storyline in 2021. One year later, Left shared his thoughts on how things have changed for short sellers. What Happened: January 2021 could go down in stock market history for one of the most unlikely storylines...
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AMC, GameStop Remain 'Dangerously Overvalued' A Year After Meme Stock Frenzy: Analyst
Friday, January 28, 2022 - 9:39am | 558One year has passed since the rise of “meme stocks” that included triple-digit increases in the prices of GameStop Corp. (NYSE: GME) and AMC Entertainment Holdings Inc (NYSE: AMC). While both stocks have come down from peaks in 2021, there could be more room to fall, according to a...