Sahm Adrangi

Riot Platforms, Inc. (NASDAQ:RIOT) experienced a sharp decline following a bearish report from Kerrisdale Capital's Founder and Chief Investment Officer Sahm Adrangi. The immediate market reaction was significant. Riot’s stock plunged over 5% by 12:30 p.m. ET on Wednesday. This sharp decline...

Seymour 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...

Sahm Adrangi is infamous for activist shorting -- so much so that he was able to expose Chinese companies that turned out to be frauds and get the SEC to take action on them. He is the founder and CIO of his research-oriented investment firm Kerrisdale Capital, which focuses on over-hyped shorts...

Kerrisdale Capital attended the MOI Global Best Ideas 2019 event this week and named Sea Ltd (NYSE: SE) as the firm’s top overall stock pick. Tremendous Value In Kerrisdale CIO Sahm Adrangi’s presentation, he said the Southeast Asian internet company is primarily focused on gaming, e-...

A short seller questioned the legitimacy of adtech firm QuinStreet Inc (NASDAQ: QNST)'s business in a report Wednesday, calling its rise in revenue a "sham." The company's CEO responded by calling Kerrisdale Capital's claims "inaccurate, out-of-context and...

Straight Path Communications Inc (NYSE: STRP) shares have been on the high since early April after AT&T Inc. (NYSE: T) clinched a $1.6 billion all-stock buyout deal for the company, valuing it at $95.63 per share. The stock was rangebound for a long time in the run-up to the announcement. Since...

Kerrisdale Capital attacked DISH Network Corp (NASDAQ: DISH) in a short thesis report earlier this month. On Friday, Kerrisdale followed up with a second report. This time, the investment firm attacked the company on alleged violation of tax laws. The investment firm also sent a Form 3949-A...

Sahm Adrangi, Chief Investment Officer of Kerrisdale Capital, announced on Thursday a new short position in Straight Path Communications Inc (NYSE: STRP). Adrangi noted the stock is worth "at best" 90 percent less than its current market cap. The fund manager stated the stock...

On Thursday, Kerrisdale Capital confirmed with Benzinga a new long position in Lifelock Inc (NYSE: LOCK), pushing shares up as high as 4 percent. The fund disclosed a passive position of ~2 percent of shares outstanding. Chief Investment Officer and founder Sahm Adrangi said the...