Kerrisdale Capital

Editor’s Note: This story was updated to include a response from Affirm regarding the short report. Affirm Holdings Inc (NASDAQ:AFRM) stock has been ripping higher, returning investors about 30% over the past year. Analysts have price targets suggesting at least 30-40% upside, and retail...

BitMine Immersion Technologies Inc (NASDAQ:BMNR) has been on a meteoric rise this year—up more than 600% since it began trading in June 2025—driven by its pivot from Bitcoin (CRYPTO: BTC) mining to an Ethereum (CRYPTO: ETH) -focused digital-asset treasury. The company now claims the crown as the...

CoreWeave, Inc. shares were in the spotlight on Monday due to a combination of an expanded deal with NVIDIA Corp. (NASDAQ:NVDA) and a short report from Kerrisdale Capital. Let's dive in.  CRWV stock is moving today. See the real-time price action here.  New Nvidia Contract  Read Next:...

Short-selling investment firm Kerrisdale Capital believes the recent run in shares of Red Cat Holdings Inc (NASDAQ:RCAT) is built on hype rather than reality. What To Know: Kerrisdale Capital announced a short position against Red Cat on Thursday morning in a report titled, “Flying Blind....

Investors have been hit with an increased amount of short reports from some of the most well-known names in the space, which could be due to high valuations for stocks or could be coming after the 2024 presidential election results. What Happened: Over the past three months, big names in the short...

Lumen Technologies, Inc. (NYSE:LUMN) shares are trading slightly higher Wednesday. Kerrisdale Capital revealed a short position in the stock and released a bearish report on the company Tuesday. The Details: Kerrisdale Capital expressed its doubts for an AI-fueled turnaround and claimed Lumen's...

Major U.S. indices closed in positive territory on Tuesday, with the Dow Jones Industrial Average inching up 0.02% to 41,250.50, the S&P 500 gaining 0.2% to 5,625.80, and the Nasdaq also advancing 0.2% to 17,754.82. These are the top stocks that gained the attention of retail traders and...

Lumen Technologies, Inc. (NYSE:LUMN) shares are trading lower Tuesday after Kerrisdale Capital announced a short position and released a bearish report on the stock.  The Details: In its report titled "AI-N't Gonna Fix This Mess," Kerrisdale Capital expressed doubt regarding an AI-fueled...

Marathon Digital Holdings, Inc. (NASDAQ:MARA) shares are moving Monday. The company announced a decrease in Bitcoin (CRYPTO: BTC) production for May and Kerrisdale Capital issued a short report on Riot Platforms, Inc. (NASDAQ:RIOT) last week.   What To Know: Marathon Digital announced on Wednesday...

Riot Platforms, Inc. (NASDAQ:RIOT) experienced a sharp decline following a bearish report from Kerrisdale Capital's Founder and Chief Investment Officer Sahm Adrangi. The immediate market reaction was significant. Riot’s stock plunged over 5% by 12:30 p.m. ET on Wednesday. This sharp decline...

Short-selling investment firm Kerrisdale Capital has MicroStrategy Inc (NASDAQ:MSTR) in its crosshairs. The short seller released a bearish report on the stock Thursday and announced a short position as part of a pair trade. What To Know:  MicroStrategy serves as a proxy for Bitcoin (...

Online used car company Carvana Co (NYSE:CVNA)’ stock is volatile Monday with a new short report out on the company that comes on the heels of the company’s fourth-quarter results. What Happened: Kerrisdale Capital is out with a short report on Carvana. "We're short $CVNA post the 30...

C3.Ai Inc (NYSE: AI) shares are trading higher Thursday. The stock plunged earlier in the week on the heels of a letter from short seller Kerrisdale Capital. C3.Ai shares appear to be bouncing back after the company issued a statement in response. What To Know: Kerrisdale sent a...

One of the best-performing stocks of 2021 was a SPAC merger between former President Donald Trump’s media company and the parent company of his social media platform, Truth Social. In 2022, however, the scenario has changed. Shares have fallen and could see further downside based on an...

A noted short seller has taken a short position in one of the most notable SPAC deals that involves a former U.S. president. What Happened: Kerrisdale Capital issued a short report on Digital World Acquisition Corp (NASDAQ: DWAC) Wednesday. Digital World Acquisition Corp announced a SPAC...