MuddyWatersResearch Posts 'Later today, we will publish our rebuttal to $RUN response to our presentation. Based on RUN's response we conclude its Subscriber metric is arbitrary at best and RUN is likely over-claiming hundreds of millions of $ of tax....'
Portfolio Pulse from Benzinga Newsdesk
MuddyWatersResearch is set to publish a rebuttal to Sunrun Inc.'s (RUN) response to their presentation. They suggest that Sunrun's subscriber metric is arbitrary and that the company may be over-claiming hundreds of millions of dollars in tax credits annually from the IRS.
November 01, 2023 | 3:27 pm
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Sunrun Inc. (RUN) is under scrutiny by MuddyWatersResearch, who suggest the company's subscriber metrics are arbitrary and it may be over-claiming tax credits.
The news suggests potential financial irregularities at Sunrun, which could lead to regulatory scrutiny and potential penalties. This could negatively impact the company's financial performance and investor sentiment, leading to a potential decrease in the stock price.
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