Spruce Point Capital Is Betting Against Remitly Global Stock, Short Seller Says Shares Could Fall To $9 Amid 'Tectonic Shift' Across Industry
Spruce Point Capital Management announces a new short position against Remitly Global as the short seller believes there's ...
A hedge fund bet against a $4 billion fintech after it claimed a reverse image search of customer reviews revealed stock photos of women
Global remittance and money-transferring business Remitly saw its stock price fall more than 2% this week after short seller ...
Business Wire5d
Spruce Point Capital Management Announces Investment Opinion: Releases Report and Strong Sell Research Opinion on Remitly Global, Inc. (Nasdaq: RELY)
NEW YORK--(BUSINESS WIRE)--Spruce Point Capital Management, LLC (“Spruce Point” or “we” or “us”), a New York-based investment management firm that focuses on forensic research and ...
Le Lézard5d
Spruce Point Capital Management Announces Investment Opinion: Releases Report and Strong Sell Research Opinion on Remitly Global, Inc. (Nasdaq: RELY)
Spruce Point Capital Management, LLC ("Spruce Point" or "we" or "us"), a New York-based investment management firm that focuses on forensic research and short-selling, today issued a detailed report ...
Spruce Point issues strong sell opinion on Remitly Global, faces 40%-55% risk
Spruce Point Capital Management issued a detailed report entitled, “Why We Mistrust Remitly”, that outlines why the firm believes and estimate ...
Rayonier's Asset Sale Initiative Could Unlock Shareholder Value, but Some Demand Headwinds Persist
In March 2025, Rayonier announced they had reached an agreement to sell its 77% stake in its New Zealand joint venture for $710 million. Management expects this deal to close sometime in 2025.