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Benzinga
Benzinga
Business
AJ Fabino

Why A Short Seller Doubled Down On Critique Of Energy Stock Up 550% In Past 5 Years

Spruce Point Capital Management produced a short report on Generac Holdings Inc. (NYSE:GNRC) in late June, calling the company’s shares materially overvalued while accusing the company of several shady M&A deals.

Spruce Point showed renewed interest in its short report on Wednesday afternoon, following Generac’s second-quarter earnings report, calling it “smoke and mirrors" in a Twitter Inc (NYSE:TWTR) thread.

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