Palantir, Andrew Left and Short-seller
Digest more
How whistleblower Andrew Left became the short-selling villain of the meme stock market craze By Charles Gasparino Published July 15, 2023, 9:08 p.m. ET
Prominent activist short seller Andrew Left will face trial in September 2025 over allegations he committed fraud, after his lawyers and U.S. prosecutors agreed to push back the case.
Left could face up to 20 years in prison for each fraud charge, according to reports. Read Also: Short Seller Andrew Left Faces Fraud Charges, Accused Of Manipulating At Least 15 Stocks
Short sellers are beefing up disclaimers in their research reports in the clearest signal yet that last month’s criminal charges against Andrew Left are reverberating through the industry.
Hosted on MSN1mon
Left Argues Short Selling Case Should Be Civil, Not Criminal
A lawyer for Andrew Left urged a judge on Monday to toss out securities fraud charges against the activist short seller, arguing that a criminal case with a threat of decades behind bars isn’t ...
This Pure-Play Artificial Intelligence (AI) Stock Is Up 140% This Year but Trades at an Unsustainable Level, According to Famed Short-Seller Andrew Left Many large artificial intelligence stocks trade at meteoric valuations.
Key Takeaways Palantir shares slid Wednesday to log their sixth straight day of declines, after a short seller raised concerns about the stock's elevated valuation.Yesterday’s move lower coincided with the relative strength index falling into bearish territory,