Citron Research

Notorious short seller Citron Research is out with a report questioning the large valuation given to DoorDash Inc (NYSE: DASH) from its recent IPO. Citron On DoorDash: Citron calls DoorDash the "most ridiculous IPO of 2020" and assigns a $40 price target in a new report. “There is...

Chinese coffeehouse chain Luckin Coffee Inc – ADR (OTC: LKNCY) has agreed to pay a $180 million penalty to settle charges of accounting fraud, the U.S. Securities and Exchange Commission said Wednesday. What Happened: The Associate Director of the SEC’s Division of Enforcement,...

Business intelligence software company MicroStrategy Inc (NASDAQ: MSTR) said Wednesday it would raise $550 million by the way of debt instruments to buy Bitcoin, an increase of $150 million over its Monday announcement. What Happened: The 0.75% convertible senior notes would be sold in a private...

Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session. On any given...

Citron Research editor and notorious short seller Andrew Left announced his latest short thesis on Tuesday. Less than two weeks after calling Palantir Technologies Inc (NYSE: PLTR) a “full casino,” Left took his criticism of electric vehicle stock Luminar Technologies Inc...

MicroStrategy Inc (NASDAQ: MSTR) said Monday it will offer $400 million in convertible senior notes and plans to invest all the raised capital in Bitcoin. What Happened: The business intelligence software vendor said in a statement that it intends to invest the net proceeds from the sale of notes...

Benzinga recently chatted with Stephen Weiss, the managing partner of Short Hills Capital Partners and frequent CNBC guest on “Halftime Report," to get his take on Jumia Technologies (NYSE: JMIA). Comparisons To Amazon: Weiss weighed in on Jumia being called the Amazon.com (...

The price of Bitcoin is up over 150% in 2020 and the cryptocurrency has seen a resurgence in popularity, discussion and price. Investors seeking exposure to Bitcoin price without purchasing the cryptocurrency through a wallet could consider these seven stocks that are involved with...

After being called out by short seller Citron last week as a "full casino," Palantir Technologies Inc (NYSE: PLTR) is facing further negative headlines. The Palantir Analyst: Morgan Stanley analyst Keith Weiss downgraded Palantir from Equal-weight to Underweight and lifted...

Nikola Corporation (NASDAQ: NKLA) shares dropped another 16% on Tuesday morning and are now down 40% in two days after the company announced a reworked deal with General Motors Company (NYSE: GM) that doesn't involve GM taking an equity stake in Nikola. Nikola short sellers took a massive hit...

AstraZeneca HQ and research center in Cambridge, United Kingdom Benzinga has examined the prospects or many investor favorite stocks over the past week. The bullish calls in the holiday-shortened week included old-school and newer consumer favorites. A COVID-19 vaccine contender and a casino...

Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session. On any given...

Citron Research editor and notorious short seller added another name to his holiday short list on Friday. In a tweet, Left said he has a short position in Palantir Technologies Inc (NYSE: PLTR) after the stock has more than tripled from its $10 direct listing price back on Sept. 30. Left ...

Gaming and online communications software company Discord Inc is nearing a deal to secure an undisclosed amount in a fresh round of funding. According to Forbes, if successful it would increase the company’s enterprise valuation to $7 billion. What Happened: The San Francisco-...

One of the hottest stocks over the last month has been Blink Charging Co (NASDAQ: BLNK), with shares up over 290%. What Happened: Blink Charging on Tuesday announced it's acquiring U-Go Stations, which includes a portfolio of 44 DCFC charging locations and grants for an additional 45...