Spruce Point

Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With...

On Thursday, Spruce Point Capital released a detailed report on PROCEPT BioRobotics (NASDAQ:PRCT), raising concerns about the claims surrounding its market potential and growth prospects, suggesting the company’s stock could face a 30% to 60% downside. Spruce Point questions the credibility...

Healthcare company Hims & Hers Health (NYSE: HIMS) went public via SPAC merger in 2021. Since then, the company has announced partnerships with Miley Cyrus and Rob Gronkowski in efforts to market its products. After seeing shares up in 2023, a short seller is attacking the company’s legal...

DoubleVerify Holdings Inc (NYSE: DV) disclosed a partnership with TVision to expand attention measurement in Connected TV (CTV). The deal aims to boost performance measurement across CTV and deliver a vast and scalable attention offering in the market. The combined offering will...

Short seller Spruce Point has targeted DoubleVerify Holdings Inc (NYSE: DV) with a new strong sell report and shares are reacting negatively. What Happened: Spruce Point on Tuesday published a bearish report on digital media analytics software platform company DoubleVerify.  The...

What Happened: Short-selling asset management firm Spruce Point Capital Management has accused Oatly Group (NASDAQ: OTLY) of falsifying its revenue and margins alongside greenwashing investors. An Oatly spokesperson said of the Spruce Point Report that “Oatly rejects all these false...

Spruce 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...

Shares of iRobot Corporation (NASDAQ: IRBT) were slumping on Wednesday, as SharkNinja, a household appliance maker, unveiled Shark ION ROBOT, its first automatic cleaning and charging robotic vacuum, among other products. Amid the news, short seller Spruce Point Capital reiterated its Strong...