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Why Shares Of Oatly Group Are Trading Lower Again On Thursday
Thursday, July 15, 2021 - 1:00pm | 135Read More...Oatly (NASDAQ: OTLY) shares are trading lower on continued weakness after Spruce Point Capital on Wednesday issued a bearish report on the company. Spruce Point accused the company of revenue and gross margin overstatement. An Oatly spokesperson on Wednesday told Benzinga the company rejects all...
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Short Seller Accuses Oat Milk Producer Oatly Of Falsifying Revenue, Greenwashing
Wednesday, July 14, 2021 - 2:31pm | 263Read More...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...
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Sunnova Energy Ticks Lower As Short Seller Calls For 80% Downside
Tuesday, September 29, 2020 - 11:30am | 431Read More...Sunnova Energy International Inc (NYSE: NOVA) shares are moving to the downside after Spruce Point Capital issued a short report. Solar Industry Trends Prove Headwinds: The solar industry is shifting from third-party ownership such as leases and PPAs to 100% customer ownership, according to Spruce...
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Axler's Armageddon? Not! XPO Shares Flourish A Year After Thrashing
Monday, December 16, 2019 - 10:24am | 1217Read More...On Dec. 13, 2018, short-selling firm Spruce Point Capital Management LLC took XPO Logistics Inc. (NYSE: XPO) to the woodshed in one of the harshest attacks ever directed at a publicly traded transportation and logistics company. XPO, Spruce Point wrote in a 69-page report, relies on asset sales,...
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50 Biggest Movers From Yesterday
Thursday, October 10, 2019 - 5:17am | 1615Read More...Gainers Ocugen, Inc. (NASDAQ: OCGN) shares surged 34.4% to close at $1.72 on Wednesday after the company reported a $2 million buyback. Navios Maritime Holdings Inc. (NYSE: NM) gained 20.4% to close at $5.50. Sundial Growers Inc. (NASDAQ: SNDL) jumped 18.6% to close at $5.22. Five Prime...
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28 Stocks Moving In Wednesday's Mid-Day Session
Wednesday, October 9, 2019 - 12:56pm | 1002Read More...Gainers ProQR Therapeutics N.V. (NASDAQ: PRQR) shares jumped 19.4% to $7.09. Five Prime Therapeutics, Inc. (NASDAQ: FPRX) shares rose 15.7% to $4.27. Ocugen, Inc. (NASDAQ: OCGN) shares climbed 14.1% to $1.46 after the company reported a $2 million buyback. Advaxis, Inc. (NASDAQ: ADXS) gained 12.6...
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Spruce Point Says Verint Systems Has 60-70% Downside Risk, Company Calls Short Report 'Deliberately Misleading'
Thursday, May 23, 2019 - 2:47pm | 251Read More...New York based investment firm and short seller Spruce Point Capital Management issued a Strong Sell rating Thursday on the analytics company Verint Systems Inc. (NASDAQ: VRNT). Verint faces 60-70 percent downside risk to approximately $17 to $25 per share due to what Spruce...
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A.O. Smith Short Seller Alleges Accounting Irregularities, Opaque Chinese Business; Stock Falls 10%
Thursday, May 16, 2019 - 12:07pm | 533Read More...Water 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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72 Biggest Movers From Yesterday
Wednesday, May 8, 2019 - 6:17am | 2440Read More...Gainers Bridgeline Digital Inc (NASDAQ: BLIN) shares surged 24.76 percent to close at $7.71 after the company announced a multi-year license renewal agreement with a global biopharmaceutical company to power its mission-critical websites. Cohu, Inc. (NASDAQ: COHU) rose 24.18 percent to close at $...
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64 Stocks Moving In Tuesday's Mid-Day Session
Tuesday, May 7, 2019 - 12:17pm | 2155Read More...Gainers Bridgeline Digital Inc (NASDAQ: BLIN) shares climbed 32.8 percent to $8.20 after the company announced a multi-year license renewal agreement with a global biopharmaceutical company to power its mission-critical websites. Cohu, Inc. (NASDAQ: COHU) rose 24.3 percent to $19.23 after...
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Spruce Point: Dexcom Could Fall 45-60%
Thursday, March 21, 2019 - 3:46pm | 407Read More...DexCom, Inc. (NASDAQ: DXCM) shares are trading lower after a new report from Spruce Point Capital argued the stock could fall 45-60 percent. The San Diego-based company manufacturers continuous glucose monitoring systems for diabetic patients. Until now, the company’s G-Series model has been...
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XPO Scuttles Acquisitions Plan In Favor Of Share Buybacks, Jacobs Says
Friday, February 15, 2019 - 1:34pm | 770Read More...The head of transport and logistics giant XPO Logistics, Inc. (NYSE: XPO) today ruled out any acquisitions for the foreseeable future, saying that repurchasing the company's shares at currently depressed prices is a far more effective use of its capital. Merger and acquisition activity is a...
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Deutsche Continues Its Pushback On The Accusations Levied By XPO Short-Seller
Friday, January 4, 2019 - 4:32pm | 1095Read More...Although the price of XPO stock has rebounded from its mid-December short seller-related crash, the battle over its future hasn't ended. In an unusual conference call that mostly backed up his company's published research, Deutsche Bank (NYSE: DB) lead transportation analyst Amit Mehrotra...
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XPO To Repurchase Up To $1B In Stock; Analyst Lifts Rating To "Buy"
Friday, December 14, 2018 - 5:30pm | 1219Read More...A number of analysts have stepped forward and issued counterarguments to a negative report on Thursday about XPO, and the company itself has announced a share buyback program. XPO Logistics Inc (NYSE: XPO) announced this morning it will repurchase up to $1 billion of its common stock under a plan...
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Loup Ventures On iRobot: 'Expect Multiple Beat And Raise Quarters'
Monday, January 8, 2018 - 11:39am | 455Read More...At first glance, December wasn’t the greatest month for iRobot Corporation (NASDAQ: IRBT). The firm’s primary publicity came in the form of an onslaught from Spruce Point Capital and lukewarm reviews from Citigroup. But Loup Ventures expects critics will be silenced soon with reports of...
