
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.