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Tempus Fugit, Investors Regret? Short Seller Targets AI Darling, Warns CEO Is 'Cash Out King' (UPDATED)
Thursday, May 29, 2025 - 3:03pm | 711Editor’s note: This story has been updated to include a statement from a Tempus AI spokesperson. Spruce Point Capital Management has announced a new short position against Tempus AI Inc. (NASDAQ:TEM). On Wednesday, the short seller raised concerns about the company’s management team....
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Nvidia, Apple, Amazon, Tempus AI, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Wednesday, May 28, 2025 - 10:46pm | 940On Wednesday, major U.S. stock indices closed lower, with the Dow Jones Industrial Average falling 0.6% to 42,098.70 and the S&P 500 slipping by a similar margin to 5,888.55. The Nasdaq shed 0.5% to finish at 19,100.94. However, stock futures rebounded after a court overturned the Trump tariffs...
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Short Seller Sees 25% To 40% Downside In Monster Beverage Shares: 'Vulnerable To Escalating Threats'
Tuesday, April 8, 2025 - 2:30pm | 634Spruce Point Capital Management has announced a short position against Monster Beverage Corp (NASDAQ:MNST) as the short seller sees 25% to 40% downside risk. What To Know: After conducting a forensic financial and accounting review, short seller Spruce Point raised concerns about the...
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Spruce Point Capital Is Betting Against Remitly Global Stock, Short Seller Says Shares Could Fall To $9 Amid 'Tectonic Shift' Across Industry
Tuesday, March 11, 2025 - 2:13pm | 571Spruce Point Capital Management has announced a new short position against Remitly Global Inc (NASDAQ:RELY) as the short seller believes there’s reason to be skeptical of the company’s financial reporting and valuation. What To Know: Spruce Point targeted Remitly Global in a new bearish...
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Construction Partners Stock Cracks Under Pressure As Short Seller Warns Of Potential 50% Downside (UPDATED)
Thursday, January 23, 2025 - 5:15pm | 734Editor’s note: This story has been updated with a statement from Construction Partners. A short report from Spruce Point Capital Management on Thursday sent shares of Construction Partners Inc (NASDAQ:ROAD) tumbling. Here’s what investors need to know. What To Know: Short-selling...
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Short Seller Spruce Point Takes Aim At Zillow, Sees 40%-60% Downside In Stock
Tuesday, March 5, 2024 - 5:29pm | 554Zillow Group Inc (NASDAQ:Z) (NASDAQ:ZG) shares are facing selling pressure Tuesday after short seller Spruce Point Capital Management issued a bearish report on the real-estate platform company. Zillow’s Sinking Foundation: Spruce Point sees 40% to 60% long-term downside in Zillow shares as...
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Short Seller Says They're Vindicated (Again) On This Defensive Stock
Tuesday, October 25, 2022 - 3:45am | 528In a short report initiated April, 1 2020 with two accompanying updates, Spruce Point Capital Management warned that WD-40 Company (NASDAQ:WDFC) is widely misunderstood and believed to be defensive, but in reality faces both long- and short-term secular pressures."In April 2020 we warned that WD-40...
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Industries Susceptible To Being Good Shorts: Benzinga TV Exclusive
Monday, October 24, 2022 - 4:14pm | 352On Monday's (Oct. 24) episode of the "Stock Market Movers," host Mitch Hoch spoke to Ben Axler, founder and chief investment officer of Spruce Point Capital Management about the biggest opportunities and short potentials for retail investors. Axler and Hoch went through...
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Gutsy Generac Short Seller Gets Vindication - Albeit 118 Days Later As Shares Drop
Wednesday, October 19, 2022 - 1:24pm | 690In a short report on Generac Holdings Inc. (NYSE: GNRC) that was issued in June, Spruce Point Capital Management speculated the company might be overvalued. A popular stock, Generac has been a top performer over the past 10 years with returns of more than 1,000% during that...
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Short Seller Spruce Point Is Betting Against Billionaire Tesla Bull Ron Baron On This Stock
Wednesday, September 7, 2022 - 11:37am | 482Near the end of August, billionaire investor Ron Baron said he was incredibly bullish on Tesla Inc (NASDAQ: TSLA), SpaceX and a small apparel company he called "the Lululemon of healthcare." Just weeks later, a short seller is taking the other side of the Tesla bull...
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Short Seller Spruce Point Targets Generac, Alleges 'Numerous Shady M&A Deals'
Wednesday, June 22, 2022 - 11:49am | 501Shares of residential portable generator stock Generac Holdings Inc. (NYSE: GNRC) dropped 6.6% on Wednesday morning after short seller Spruce Point Capital Management released a new report on Generac suggesting the stock may be significantly overvalued at current levels. Questionable Decisions: In...
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Citron Buys The Dip In Nuvei, Says 'No Proof Of Fraud' In New Short Seller Report
Wednesday, December 8, 2021 - 4:13pm | 597Nuvei Corp (NASDAQ: NVEI) shares dropped 36% on Wednesday after a new short seller report by Spruce Point Capital Management slammed the stock and suggested the company’s management has a track record of nefarious activities. However, Citron Research executive editor Andrew Left took to...
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A.O. Smith Short Seller Alleges Accounting Irregularities, Opaque Chinese Business; Stock Falls 10%
Thursday, May 16, 2019 - 12:07pm | 533Water heater and boiler manufacturer A.O. Smith Corp (NYSE: AOS) has a material undisclosed partner, Jiangsu UTP Supply Chain, that acts like the company and allows it to "stuff" distributors and inflate gross margins, according to a short report issued Thursday by the firm J Capital...
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Burlington Stores Shares Sink Following Negative Research By Spruce Point
Thursday, November 3, 2016 - 1:34pm | 340Burlington Stores Inc (NYSE: BURL) saw its shares hit an intra-day low of $69.22 Thursday morning but have since rebounded more than $1 per share after Spruce Point Capital Management published a short thesis report on the discount retailer chain. Spruce Point noted that Burlington Stores stock...