'CapWealth Response To Kerrisdale Capital Short' - CapWealth Group
Portfolio Pulse from Benzinga Newsdesk
CapWealth Group has issued a response to Kerrisdale Capital's short position on Lumen Technologies (LUMN). The response aims to address concerns raised by Kerrisdale and provide clarity to investors.
September 13, 2024 | 1:20 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
CapWealth Group has responded to Kerrisdale Capital's short position on Lumen Technologies, aiming to address and clarify concerns for investors.
The response from CapWealth Group could stabilize investor sentiment by addressing the concerns raised by Kerrisdale Capital's short position. However, the impact on LUMN's stock price is uncertain as it depends on the effectiveness of the response in convincing investors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80