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Citron Calls Valeant The 'Pharmaceutical Enron,' Sees 60% Downside In Stock
Wednesday, October 21, 2015 - 11:06am | 698Pharma giant Valeant Pharmaceuticals Intl Inc (NYSE: VRX) is crashing on Wednesday after a scathing new report from Citron Research. Shares have fallen as low as $101, a 31 percent decline. The stock opened the day's trading near $150 per share -- an enormous move for a company with a...
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Citron Research: Don't Bother Senator Sanders, Here's What A Subpoena On Valeant Would Expose
Friday, October 2, 2015 - 1:19pm | 528Shares of Valeant Pharmaceuticals Intl Inc (NYSE: VRX) were trading lower by more than 3 percent Friday morning. Shares of Valeant have come under pressure over concerns of price gouging and a plea for a subpoena by Bernie Sanders to see all communication regarding price hikes. Citron Research...
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Cramer Versus Citron: The Ambarella Debate Rages On
Wednesday, July 29, 2015 - 5:54pm | 494Citron Research released a new report on Ambarella Inc (NASDAQ: AMBA) that reiterated the firm’s extremely bearish outlook for the chip maker. In the report, Citron specifically calls out Jim Cramer’s bullish thesis for Ambarella as “ridiculousness,” and then explains how...
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Citron Research Back At It In Ambarella
Wednesday, July 29, 2015 - 1:19pm | 260Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show. Ambarella Inc (NASDAQ: AMBA) shares were trading lower by $1.50 at $117.76 in Wednesday's session. The issue is once again being targeted by Citron Research as an overvalued company. Earlier...
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Citron's Top 10 Reasons Why Zillow Will Trade Below $40 Within A Year
Friday, July 24, 2015 - 2:15pm | 483In a report issued Friday, Citron Research looked into Zillow Group Inc (NASDAQ: Z), a company of which the firm has been skeptical for some time now. After three years of “no real profits to show and endless amounts of insider selling, plus round after round of lowered guidance, Citron...
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Citron Research Re-Enters Tesla Short Position, Says Deliveries Were 'Underwhelming To A Watchful Eye'
Thursday, July 2, 2015 - 10:18am | 299Update, 10:57 a.m. ET, Citron comment to Benzinga: "[T]hey lowered deliveries early part of the year and now they just met the original delivery schedule. The ultimate wall st trick of lowering a bar to just jump over it." Tesla Motors Inc (NASDAQ: TSLA) shares are dropping after hitting an intra-...
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Citron Submarines Ambarella
Friday, June 19, 2015 - 2:17pm | 120Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show. Ambarella Inc (NASDAQ: AMBA) shares are trading lower by $8.30 at $118.40. Of note, this occured after the stock traded to a new all-time high of $127.12 earlier in the session. It's possible the reason...
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Lumber Liquidators Gains On BlackRock Investment, Citron Comments
Tuesday, March 10, 2015 - 1:07pm | 293Lumber Liquidators Holdings Inc. (NYSE: LL) gained more than 12 percent Tuesday after a major shareholder increased its stake and a well-known short seller separately questioned recent negative reports about the company. The flooring retailer changed hands recently at $31.55, up $3.60 (12.8...
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Citron Research Exhorts Analysts To Upgrade GoPro As Stock Tumbles
Friday, January 16, 2015 - 1:00pm | 241In a tweet Friday morning, Andrew Edward Left's Citron Research urged Wall Street to upgrade GoPro Inc's (NASDAQ: GPRO) stock, which is down about 3 percent at $47.10 on Friday, 25 percent year-to-date and 35 percent over the past three months. $GPRO will one of you analysts PLEASE...
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GoPro Shares Still Up, But Fall From Highs Following Citron Tweet
Friday, December 26, 2014 - 11:53am | 270Shares of GoPro Inc (NASDAQ: GPRO) were trading higher by more 3 percent Friday at an intra-day high of $69.50, but reversed course following a bearish tweet by Citron Research. Shares recently traded at $67.91, up 2.3 percent on the day. $GPRO Hero IS available at http://t.co/zYb4ZnTCRr best http...
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Citron Research Tweets That GoPro Inc Is A Short
Tuesday, September 30, 2014 - 3:00pm | 147In a notable exception to the recent deluge of upgrades, Citron Research is putting a slight damper on GoPro Inc's (NASDAQ: GPRO) upside momentum Tuesday. The notable short research firm published the following tweet Tuesday afternoon: $GPRO analysts raising tgts based on stock movement and not...
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Market Wrap For October 2: Dollar Moves As Shutdown Continues
Wednesday, October 2, 2013 - 5:38pm | 731The the debt ceiling battle presses on, equity markets do not seem to be taking notice. After yesterday’s gains, major indexes suffered small losses Wednesday. The value of the dollar continued to tumble downward and is now the weakest it has been against the euro in eight months. Over the past...