Stride Responds To "False And Misleading" Allegations Made By Short Seller Fuzzy Panda, Denies Claims And Reaffirms Confidence In Company's Performance And Future Growth, With FY2024 Results Showing Record Success And Q1 FY2025 Update Scheduled For October 22, 2024
Portfolio Pulse from Benzinga Newsdesk
Stride has responded to allegations made by short seller Fuzzy Panda, denying the claims and reaffirming confidence in its performance and future growth. The company highlights record success in FY2024 and plans to release a Q1 FY2025 update on October 22, 2024.
October 16, 2024 | 6:00 pm
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Stride has denied allegations from short seller Fuzzy Panda, emphasizing its strong FY2024 results and upcoming Q1 FY2025 update. This response aims to reassure investors about the company's stability and growth prospects.
Stride's denial of the allegations and emphasis on strong financial performance are likely to reassure investors, potentially leading to a positive short-term impact on the stock price. The upcoming Q1 FY2025 update may further bolster investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90