Kerrisdale Capital

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...

Camber Energy Inc (NYSE: CEI) has failed to recover from the plummet of more than 60% caused by a short report issued by Kerrisdale Capital on Oct. 5. Popular fintwit personality and former Camber Energy enthusiast @MrZackMorris seems to have largely moved on and is now focusing most of...

Potential short squeeze plays have gained steam in 2021 with new retail traders looking for the next GameStop Corp. (NYSE: GME) and AMC Entertainment Holdings Inc (NYSE: AMC), two stocks that attracted strong interest and saw shares spike. A short squeeze can occur when a heavily shorted stock...

Mirati Therapeutics Inc (NASDAQ: MRTX) shares were seeing weakness Tuesday after short seller Kerrisdale Capital released a bleak report concerning its two investigational assets. Mirati's lead cancer drug candidate sitravatinib, a multi-kinase inhibitor, has not lived up to its promise,...

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...

Sahm Adrangi is infamous for activist shorting -- so much so that he was able to expose Chinese companies that turned out to be frauds and get the SEC to take action on them. He is the founder and CIO of his research-oriented investment firm Kerrisdale Capital, which focuses on over-hyped shorts...

Irhythm Technologies Inc (NASDAQ: IRTC) shares traded lower on Wednesday after Kerrisdale Capital said it's short the stock and expects iRhythm’s revenue growth to slow dramatically in coming quarters. Kerrisdale’s bearish thesis is based on iRhythm’s Zio single-lead heart...

QUALCOMM, Inc. (NASDAQ: QCOM) stock has more legal risk than the market is pricing in. In a new report out Wednesday, Kerrisdale Capital said Qualcomm is likely on the brink of losing its legal battle with the FTC, a decision which could have a major impact on Qualcomm’s bottom line. High...

Kerrisdale Capital attended the MOI Global Best Ideas 2019 event this week and named Sea Ltd (NYSE: SE) as the firm’s top overall stock pick. Tremendous Value In Kerrisdale CIO Sahm Adrangi’s presentation, he said the Southeast Asian internet company is primarily focused on gaming, e-...

Hedge fund Kerrisdale Capital, which is well-known for its short selling, took the other side of the trade and disclosed two new long positions on Wednesday. In a new report, Kerrisdale said Wednesday that under-the-radar spectrum plays Intelsat SA (NYSE: I) and SES SA (OTC: SGBAF) are headed...

St. Joe Co (NYSE: JOE) plunged as much as 5 percent Tuesday after Kerrisdale Capital issued a short report on the firm’s “overhyped real estate holdings.” “The bull thesis for St. Joe rests on the company’s ability to transform remote land, which no one can...

A short seller questioned the legitimacy of adtech firm QuinStreet Inc (NASDAQ: QNST)'s business in a report Wednesday, calling its rise in revenue a "sham." The company's CEO responded by calling Kerrisdale Capital's claims "inaccurate, out-of-context and...

Proteostasis Therapeutics Inc (NASDAQ: PTI) stock is down more than 25 percent on Tuesday after short seller Kerrisdale Capital revealed a new report and short position in the company. Kerrisdale said on Twitter the “data is terrible” for Proteostasis lead drug candidate PTI-428,...

Adamas Pharmaceuticals Inc (NASDAQ: ADMS), a small-cap pharmaceutical company that develops therapies to treat chronic neurologic disorders, is a "misunderstood" stock that has a potential upside of four times, Kerrisdale Capital said in a new report. Adamas is expected to soon launch its first...

Shares of Straight Path Communications Inc (NYSE: STRP) were seen skyrocketing more than 150 percent Monday morning after AT&T Inc. (NYSE: T) announced a $1.6 billion all-stock buyout of the communications company. The buyout price of $95.63 is an incredible premium to where Straight Path was...