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Spruce Point's Ben Axler Talks Church & Dwight Short: 'Very Simple Case'
Monday, September 9, 2019 - 12:27pm | 642Read More...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...
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Spruce Point, Kerrisdale Talk Bearish Bets: 'You Have To Work Harder To Understand The Short'
Friday, June 21, 2019 - 12:10pm | 441Read More...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...
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Short Seller Issues Negative Alert On Axon Enterprises; Taser Maker Says It's 'Riddled With Inaccuracies'
Wednesday, June 19, 2019 - 3:17pm | 434Read More...Short seller Spruce Point Management released a report Wednesday ripping Axon Enterprise Inc (NASDAQ: AAXN) and suggesting the Taser manufacturer is facing potential downside between 40% and 60%. The Accusations In addition to the Taser, Axon offers analytics services to law enforcement via officer...
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The Ultimate Trading Playlist: Kanye, Zeppelin And Many More
Thursday, May 30, 2019 - 12:26pm | 742Read More...Looking for the perfect music to get your trading day started? We recently asked speakers from the upcoming Benzinga Trading Summit which songs get them pumped for a successful day of trading. The result? The Ultimate Trading Playlist - brought to you by our all-star lineup of speakers at the...
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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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60 Biggest Movers From Friday
Monday, March 25, 2019 - 5:42am | 1988Read More...Gainers Hibbett Sports, Inc. (NASDAQ: HIBB) climbed 20.29 percent to close at $21.70 after the company reported upbeat earnings for its fourth quarter and issued strong FY20 earnings outlook. Bio-Path Holdings, Inc. (NASDAQ: BPTH) shares rose 18.94 percent to close at $21.98 after falling 14.05...
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41 Stocks Moving In Friday's Mid-Day Session
Friday, March 22, 2019 - 12:30pm | 1435Read More...Gainers Seelos Therapeutics, Inc. (NASDAQ: SEEL) shares rose 37.3 percent to $3.09, rebounding from recent low just above $2. After rallying more than 400 percent earlier in Mar.; shares fell from the $8 level. IMMUTEP LTD/S ADR (NASDAQ: IMMP) shares climbed 27.2 percent to $2.849 following news...
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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...
