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Benzinga
Benzinga
Business
Rishabh Mishra

Aurora's Autonomous Trucking Model 'Hopeless,' Says Short Seller Kerrisdale Capital: 'We're Short $AUR'

Aurora Innovation

Investment firm Kerrisdale Capital has initiated a short position on Aurora Innovation Inc. (NASDAQ:AUR), arguing in a new report that the autonomous trucking company will “never become a viable commercial operation.” The report, titled “A Dead End” and published last Tuesday, claims Aurora’s business model is fundamentally flawed and its profit potential is “puny.”

Check out AUR’s stock price over here.

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