Andrew Left

Seven months after Tesla bear and former Kase Capital Management hedge fund manager Whitney Tilson said Tesla Inc (NASDAQ: TSLA) would not be profitable in any quarter of 2019, his misfire is costing him $15,000. Back in March, Tilson bet Citron Research founder Andrew Left and a group of other...

Amazon.com, Inc. (NASDAQ: AMZN) posted mixed third-quarter results Thursday, with the e-commerce platform reporting earnings of $4.23 per share, missing a $4.60 Street estimate, and sales of $69.98 billion that beat a $68.79-billion estimate. The company reported a 4.5% operating margin in the...

For the last year, short seller Andrew Left has been uncharacteristically bullish on Snap Inc (NYSE: SNAP). This week, he doubled down on the beleaguered social media platform after Twitter Inc (NYSE: TWTR) revealed mixed third-quarter results. The Social Reports Snap exceeded most estimates for...

Three years after Citron Research called Valeant the “pharmaceutical Enron,” the firm said Tuesday that it’s time to give Valeant successor Bausch Health Companies Inc (NYSE: BHC) the credit it is due for its rebranding and turnaround efforts. Turnaround Story On Tuesday,...

Calls emerged Friday for viewers to boycott ABC after it aired a political ad featuring a photo of a picture of Rep. Alexandria Ocasio-Cortez being set on fire. The ad, which aired during a debate between Democratic candidates for president, was paid for by the New Faces of GOP PAC, run by...

Ligand Pharmaceuticals Inc. (NASDAQ: LGND) shares are down 10.5% on Tuesday following the company’s earnings report, but one of the company’s most vocal critics and short sellers is leaning into its bearish trade. On Tuesday, Ligand short seller Lemelson Capital Management said the firm...

Less than a month after Citron Research’s Andrew Left accused Jumia Technologies AG - ADR (NYSE: JMIA) of being an “obvious fraud,” Left doubled down on his bearish outlook for the stock on Tuesday, citing “indisputable evidence” the company is a fraud. Jumia is an...

Jumia Technologies AG - ADR (NYSE: JMIA) shares tumbled more than 23 percent on Thursday. Amid the sell-off, Citron Research’s Andrew Left called the company a fraud. What To Know Jumia made headlines last month when the e-commerce company, which has been referred to as the Amazon.com, Inc. (...

After telling investors repeatedly throughout 2018 that the company would not need to raise additional capital, Tesla Inc (NASDAQ: TSLA) announced last week it would be raising approximately $2.3 billion in capital. In a conference call with investors, CEO Elon Musk said Tesla’s driverless...

Wayfair Inc (NYSE: W) shares continued to fall Friday after reporting a bigger-than-expected first-quarter loss. Sell-side analysts remain mostly cautious on the still-unprofitable e-commerce company, saying heavy spending is a near-term headwind, though several still like the company in...

One day after reporting new bond and stock offerings, Tesla Inc (NASDAQ: TSLA) widened the entry point. What Happened Management said Friday it will expand its 2.72 million-share offering to 3.1 million shares, and CEO Elon Musk could buy up to $25 million worth of shares — more than double...

A Wednesday filing with the Securities and Exchange Commission revealed Tesla Inc (NASDAQ: TSLA)’s new common offering of about 2.72 million new common shares at the price of $238.69 per share. Management had warned of a potential raise in a Monday 10-Q filing, which cited a halt of SolarCity...

Tesla Inc (NASDAQ: TSLA) plans to increase its weekly Model 3 production rate to 7,000 vehicles by the end of 2019. It’s not an inexpensive goal, but management’s made a capital plan. Coming Up With Cash As it ramps production, Tesla expects cash generated from core operations to cover...

Citron Research editor and notorious short seller Andrew Left’s run as a Tesla, Inc. (NASDAQ: TSLA) bull was short-lived. After shorting Tesla for more than two years, Left surprised his followers by going long Tesla back last October. On Thursday, Left said he is no longer taking any...