The Latest Breaking News from Kerrisdale Capital

Kerrisdale Capital is shorting Pure Storage Inc. (NYSE:PSTG) as the firm believes the company is poorly positioned to capture any meaningful share of cloud and AI infrastructure spending.

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…

Kerrisdale Capital is short on Riot Platforms, which it says is better off "playing energy arbitrage games" and issuing stocks than dabbling into the crypto mining sector.

Blockstream's Adam Back believes investing in MicroStrategy's new Defiance 2X Short MSTR ETF will only make investors bleed out their capital fast.

The shares of MicroStrategy, which has been enjoying the fruits of its Bitcoin strategy, plummeted Thursday after a short seller said the stock's value may be overinflated.

The Dow Jones reversed higher Wednesday morning after ADP's jobs data. AI stock C3.ai plunged another 12% after Tuesday's short-seller letter.

C3.ai fell stock after Kerrisdale Capital, which holds a short position in AI stock, said it has sent a letter to the software maker's auditor.

A noted short seller has taken a short position in one of the most notable SPAC deals that involves a former U.S. president.