Spruce Point CIO Says Still Short Boot Barn
Portfolio Pulse from Benzinga Newsdesk
Spruce Point CIO has announced that they are still shorting Boot Barn, as mentioned in a CNBC interview.
July 01, 2024 | 3:26 pm
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NEGATIVE IMPACT
Spruce Point CIO has reiterated their short position on Boot Barn, which could lead to negative sentiment and downward pressure on the stock price.
The announcement by a notable investment firm like Spruce Point to maintain a short position on Boot Barn is likely to influence investor sentiment negatively. This could result in selling pressure and a decline in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100