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Benzinga
Benzinga
Business
Vandana Singh

Investor Short Report Flags Steep Downside Risk For iRhythm Technologies (CORRECTED)

iRhythm iRhythm Technologies Spruce Point IRTC
Short Squeeze Stocks

Editor's Note: An earlier version misstated that iRhythm had not responded; the company provided a statement on Aug. 18.

Spruce Point Capital Management issued a detailed report on iRhythm Technologies, Inc. (NASDAQ:IRTC) on Monday, projecting a long-term downside risk of 40% to 70% for its stock.

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