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SharkNinja A 'China Hustle Based On Rampant Looting': Short Report
Thursday, November 21, 2024 - 1:43pm | 434Short-seller Grizzly Research released a report titled, "We Believe SharkNinja, Inc. (NYSE:SN) is a China Hustle Based on Rampant Looting and Conflicts of Interest with the Chinese Chairman" on Thursday. Here's a look at the allegations in the report. The Details: Grizzly Research alleges...
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Pinterest Shares Climb Despite Grizzly Research Short Report
Friday, July 19, 2024 - 10:56am | 530Investors are watching Pinterest, Inc. (NYSE:PINS) shares after Grizzly Research released a short report on the company. The Details: Grizzly Research released the report titled, “We Believe Pinterest is in a Death Spiral but Misleadingly Doctors its Terrible Performance Statistics...
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Founder of SenseTime, China's AI Titan, Succumbs to Unknown Illness Amid US Short Seller Accusations
Sunday, December 17, 2023 - 9:40pm | 649The billionaire founder of China’s artificial intelligence (AI) giant SenseTime, Tang Xiao’ou, has passed away due to undisclosed health issues. What Happened: Tang died on Friday. The cause of death, according to a statement released by SenseTime, was unspecified “health issues...
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Sigma Lithium Begins Eco-Friendly Lithium Production: Are Short Sellers About To Be Squeezed?
Monday, April 17, 2023 - 9:59am | 484Sigma Lithium Resources Corp. (NASDAQ: SGML) announced Monday that it successfully transitioned from developer to producer of Battery Grade Sustainable Lithium Concentrate, also referred to as Green Lithium. According to the firm, the successful completion of Phase 1 project...
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Their 'Financials Are Fake': Short Seller Calls Out Chinese Logistics Firm, Executives For 'Stealing'
Thursday, March 2, 2023 - 1:30pm | 575U.S.-based short seller Grizzly Research issued a short report Thursday on ZTO Express Inc (NYSE: ZTO), one of the leading players in China’s domestic logistics market. ZTO fraudulently engineering its financial statements to achieve standout margins, the short seller said, alleging the...
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Nio Analyst Dismisses Short Seller Allegations: Why They're Bullish On Chinese EV Stock
Wednesday, June 29, 2022 - 3:44pm | 444Shares of Chinese electric vehicle maker Nio Inc - ADR (NYSE: NIO) were falling Wednesday following a new report by short seller Grizzly Research. On Wednesday morning, CFRA analyst Lim Jian Xiong said the allegations in the short seller report have no impact on his outlook for Nio shares...
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Nio Says Short-Seller Report 'Misleading, Speculative' As Stock Slides 10% In Hong Kong
Wednesday, June 29, 2022 - 2:52am | 488Tesla Inc (NASDAQ: TSLA), rival Chinese EV maker Nio Inc (NYSE: NIO), refuted short-seller bearish claims on its stock that alleged the company of inflating its revenue and profitability. What Happened: On Tuesday, Grizzly Research published a report that claimed...
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Short Sellers Piling Into GSX Techedu Following Fraud Accusations
Thursday, August 20, 2020 - 3:55pm | 518Chinese online education stock GSX Techedu Inc (NYSE: GSX) is down 34.1% since Aug. 6, largely due to reports from short sellers Citron Research and Muddy Waters Research accusing the company of being a fraud. According to S3 Partners analyst Ihor Dusaniwsky, GSX was the most aggressively...
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Florida Cannabis Company Trulieve Files Libel Suit Against Short Seller Grizzly Research
Monday, January 13, 2020 - 12:10pm | 654Less than a month after short seller Grizzly Research published a report claiming that Trulieve Cannabis Corp (OTC: TCNNF) is “a fraud,” Trulieve has filed a lawsuit against Grizzly Research, GeoInvesting, GeoInvesting analyst Siegfried Eggert and two other men alleging the group...
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Trulieve Cannabis Responds To Short Seller, Plans To Take Legal Action
Wednesday, December 18, 2019 - 9:58am | 412Grizzly Research LLC published a short report Tuesday on Trulieve Cannabis Corp. (CSE: TRUL) (OTC: TCNNF), claiming the company is “a fraud.” Among the reasons for such a claim was uncovering that the company runs around 1.4 million sq. feet of outdoor hoop houses, which produce low...