Spruce Point Capital Management, LLC is a New York based investment manager founded in 2009. The firm focuses on short-selling, value, and special situation investment opportunities. The firm conducts in depth fundamental research and takes an activist approach to investing.
Opco 2nd price target cut in as many months on $CHD. Still too optimistic at $82 (down from $85) but headed in right direction "On the negative side, the Analyst Day is unlikely to ease all investor concerns surrounding the Flawless acquisition" #bearish
As public short sellers, we at Spruce Point Capital Management are no strangers to criticism of our bearish research. So it comes as no surprise that an outspoken business commentator has defended Canadian Tire from our critical report and disdains Canadian short-selling practices. more
A New York-based firm with a history of shorting TSX-listed stocks made Canadian Tire Corp. its latest target on Thursday, outlining the challenges the company faces in its “antiquated” retail stores and in eliminating its debt. more
The stock of online educator 2U plunged more than 60% after the company warned that competition was hurting enrollment at the distance-education programs it runs for schools like Harvard University and the University of North Carolina. more
A rising tide has lifted all boats the past nine years due to unprecedented monetary stimulus from central banks in response to the Global Financial Crisis; however, the tides are shifting and we may soon find out who has been swimming naked.
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