TJ Rodgers CEO On Enovix Shameless Post To Short Sellers And Admits Army Contract Is Tiny
Portfolio Pulse from Benzinga Newsdesk
TJ Rodgers, CEO of Enovix, responded to short sellers and admitted that the company's Army contract is small. He also posted a message on the company's website addressing the issue.
July 26, 2023 | 1:18 pm
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NEGATIVE IMPACT
Enovix CEO's admission about the small size of the Army contract and his response to short sellers could impact the company's stock price.
The CEO's admission about the small size of the Army contract could be seen as a negative by investors, potentially leading to a decrease in the stock price. His response to short sellers could also influence investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100