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Tag Archives: Short

Short Seller Muddy Waters Drops Bomb on Inogen

Medical device maker Inogen Inc. (NASDAQ: INGN) has “created an egregiously false narrative” regarding the size and growth of the company’s market according to short seller Muddy Waters LLC. The firm has set a price target on the stock of $ 46, about 67% below Thursday’s closing price of $ 139.74. In its report, Muddy Waters cites Inogen’s claims that ...

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Amazon sales outlook falls short after record holiday quarter

(Reuters) – Amazon.com Inc on Thursday forecast first-quarter sales below Wall Street estimates, warning that new regulations in India had created uncertainty around one of its key growth markets and saying it would step up investments in 2019. Shares of the company fell 5 percent to $ 1,635 after the bell. The outlook overshadowed Amazon’s record sales and profit during ...

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