Citron Research

Latest articles

5d
Reuters
Citron's Left says follow-up report on Shopify likelyTORONTO (Reuters) - Short-seller Andrew Left of Citron Research said on Wednesd
Reuters / Posted 5 days ago
TORONTO (Reuters) - Short-seller Andrew Left of Citron Research said on Wednesday he was investigating various aspects of software company Shopify Inc’s business and would “most likely” publish a follow-up to an Oct. 4 report that sent its shares... Read more
4 related articles
5d
Reuters
Short-seller Citron says likely to publish more on ShopifyTORONTO (Reuters) - Short-seller Andrew Left of Citron Research said on Wednesd
Reuters / Posted 5 days ago
TORONTO (Reuters) - Short-seller Andrew Left of Citron Research said on Wednesday that he is investigating various aspects of software company Shopify Inc’s business and will “most likely” publish a follow-up to the Oct. 4 report that sent its shares... Read more
4 related articles
5d
Reuters
Short-seller Citron say likely to publish more on ShopifyTORONTO (Reuters) - Short-seller Andrew Left of Citron Research said on Wednesd
Reuters / Posted 5 days ago
TORONTO (Reuters) - Short-seller Andrew Left of Citron Research said on Wednesday that he is investigating various aspects of software company Shopify Inc’s business and will “most likely” publish a follow-up to the Oct. 4 report that sent its shares... Read more
4 related articles
6d
Web Host Industry Review
Shopify CEO Rejects Short Seller Criticism, Calls Citron a Trolla short seller that targeted his company a “troll,” in his first public respons
Web Host Industry Review / Posted 6 days ago
a short seller that targeted his company a “troll,” in his first public response since being targeted by Andrew Left’s Citron Research last week. Left, who said he had taken a short position in the stock, published a report on Oct. 4... Read more
4 related articles
6d
Business Wire
TDG INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation on Behalf of TransDigm Group Inc. InvestorsOn January 20, 2017, Citron Research issued a report accusing TransDigm of bein
Business Wire / Posted 6 days ago
On January 20, 2017, Citron Research issued a report accusing TransDigm of being the “Valeant of the aerospace industry.” The report claimed that the Company uses multiple shell distributors that have no pricing power to make government bids seem... Read more
9 related articles
6d
FOX Business
Why Chesapeake Energy, Endeavour Silver, and Shopify Slumped Todayfacilitator continued its descent following last week's negative comments from
FOX Business / Posted 6 days ago
facilitator continued its descent following last week's negative comments from short-selling analyst Andrew Left of Citron Research, who alleged that Shopify's business model is flawed and the company might have violated guidelines from the... Read more
6d
FOX Business
Why Chesapeake Energy, Endeavour Silver, and Shopify Slumped Todayfacilitator continued its descent following last week's negative comments from
FOX Business / Posted 6 days ago
facilitator continued its descent following last week's negative comments from short-selling analyst Andrew Left of Citron Research, who alleged that Shopify's business model is flawed and the company might have violated guidelines from the... Read more
7d
Business Wire
Glancy Prongay & Murray Reminds Investors of Looming Deadline in the Class Action Lawsuit against TransDigm Group Incorporated (TDG)On January 20, 2017, Citron Research issued a report accusing TransDigm of bein
Business Wire / Posted 7 days ago
On January 20, 2017, Citron Research issued a report accusing TransDigm of being the “Valeant of the aerospace industry.” The report disclosed that the Company uses multiple shell distributors that have no pricing power to avoid detection by making... Read more
10d
Business Wire
Lundin Law PC Announces an Investigation of Shopify Inc. and Encourages Investors with Losses In Excess of $100,000 to Contact the FirmBrian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or by email at brian@
Business Wire / Posted 10 days ago
Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or by email at brian@lundinlawpc.com. On October 4, 2017, Citron Research published a report characterizing Shopify as “a completely illegal get-rich quick scheme.” The report alleged... Read more
7 related articles
10d
Business Wire
Kirby McInerney LLP Commences Investigation on Behalf of Shopify Inc. InvestorsOn October 4, 2017, Citron Research published a report portraying Shopify as “a
Business Wire / Posted 10 days ago
On October 4, 2017, Citron Research published a report portraying Shopify as “a completely illegal get-rich quick scheme.” The report alleged, among other things, that Shopify inaccurately described the Company's relationship with certain affiliates,... Read more
7 related articles
11d
Business Wire
Goldberg Law PC Announces an Investigation of Shopify Inc. and Encourages Investors with Losses Exceeding $100,000 to Contact the Firmon whether Shopify and certain of its officers and/or directors violated federa
Business Wire / Posted 11 days ago
on whether Shopify and certain of its officers and/or directors violated federal securities laws. On October 4, 2017, Citron Research published a report characterizing the Company as “a completely illegal get-rich quick scheme.” The report... Read more
7 related articles
11d
ITBusiness.ca
Shopify issues statement following allegations that up to 90% of customers aren’t legitimateand “vigorously” defending its business model, though it did not directly addre
ITBusiness.ca / Posted 11 days ago
and “vigorously” defending its business model, though it did not directly address the allegations, released on video by Citron Research managing editor Andrew Left on Oct. 4, that many of its customers are resellers rather than legitimate... Read more
5 related articles
11d
Reuters
Shopify defends itself after Citron criticismTORONTO (Reuters) - Shopify Inc (SHOP.TO) (SHOP.N) defended its business model
Reuters / Posted 11 days ago
TORONTO (Reuters) - Shopify Inc (SHOP.TO) (SHOP.N) defended its business model on Thursday, a day after short-seller Citron Research criticized the internet-commerce software provider’s marketing practices, wiping about $1.5 billion off its market... Read more
5 related articles
12d
CTV News
Shopify stock falls for a second day after business model challenged by Citronissued a defence of its business early Thursday but didn't specifically refer t
CTV News / Posted 12 days ago
issued a defence of its business early Thursday but didn't specifically refer to allegations published by Andrew Left of Citron Research. After Left's comments, Shopify stock plunged by 11.5 per cent on Wednesday and it was down another seven... Read more
12d
Reuters
Shopify falls for second straight day after Citron criticism- Shopify Inc (SHOP.TO) (SHOP.N) shares fell for the second consecutive day in
Reuters / Posted 12 days ago
- Shopify Inc (SHOP.TO) (SHOP.N) shares fell for the second consecutive day in heavy trading on Thursday after short-seller Citron Research said the stock was overvalued and criticized the Canadian ecommerce software provider’s marketing... Read more
5 related articles
12d
Channel NewsAsia
Canada's Shopify "vigorously" defends business after Citron criticismbusiness model in a statement on Thursday, a day after its shares were hit foll
Channel NewsAsia / Posted 12 days ago
business model in a statement on Thursday, a day after its shares were hit following critical comments from short-seller Citron Research about the company's marketing practices. "We vigorously defend our business model and stand resolutely... Read more
5 related articles
12d
The Irish Times
Shopify tumbles after Citron calls the company a ‘get-rich-quick scheme’Shopify tumbled the most ever after Citron Research said it was shorting the st
The Irish Times / Posted 12 days ago
Shopify tumbled the most ever after Citron Research said it was shorting the stock and alleged that the Canadian e-commerce company’s rapid user growth was based off customers who would never become sustainable businesses. In a tweet, video rebuke,... Read more
5 related articles
12d
Business Wire
Khang & Khang LLP Announces an Investigation of Shopify Inc. and Encourages Investors with Losses to Contact the Firmconcerns whether Shopify and certain of its officers and/or directors violated
Business Wire / Posted 12 days ago
concerns whether Shopify and certain of its officers and/or directors violated federal securities laws. On October 4, 2017, Citron Research published a report characterizing the Company as “a completely illegal get-rich quick scheme.” The report... Read more
7 related articles
12d
FOX Business
Why Shopify Inc. Stock Dropped TodayWhat happened Shares of Shopify Inc. (NYSE: SHOP) fell 11.6% on Wednesday afte
FOX Business / Posted 12 days ago
What happened Shares of Shopify Inc. (NYSE: SHOP) fell 11.6% on Wednesday after short-seller Citron Research released a new report describing the e-commerce platform specialist as a "get-rich-quick" scheme that runs afoul of Federal Trade Commission... Read more
5 related articles
12d
FOX Business
Why Shopify Inc. Stock Dropped TodayWhat happened Continue Reading Below Shares of Shopify Inc. (NYSE: SHOP) fell
FOX Business / Posted 12 days ago
What happened Continue Reading Below Shares of Shopify Inc. (NYSE: SHOP) fell 11.6% on Wednesday after short-seller Citron Research released a new report describing the e-commerce platform specialist as a "get-rich-quick" scheme that runs afoul of... Read more
5 related articles
12d
Business Wire
Lundin Law PC Announces an Investigation of Shopify Inc.Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or by email at brian@
Business Wire / Posted 12 days ago
Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or by email at brian@lundinlawpc.com. On October 4, 2017, Citron Research published a report characterizing Shopify as “a completely illegal get-rich quick scheme.” The report alleged... Read more
7 related articles
12d
Business Wire
Glancy Prongay & Murray LLP Commences Investigation on Behalf of Shopify Inc. Investors (SHOP)On October 4, 2017, Citron Research published a report portraying Shopify as "a
Business Wire / Posted 12 days ago
On October 4, 2017, Citron Research published a report portraying Shopify as "a completely illegal get-rich quick scheme." The report alleged, among other things, that Shopify inaccurately described the Company's relationship with certain affiliates,... Read more
12d
Business Wire
Law Offices of Howard G. Smith Commences Investigation on Behalf of Shopify Inc. Investors (SHOPOn October 4, 2017, Citron Research published a report portraying Shopify as "a
Business Wire / Posted 12 days ago
On October 4, 2017, Citron Research published a report portraying Shopify as "a completely illegal get-rich quick scheme." The report alleged, among other things, that Shopify inaccurately described the Company's relationship with certain affiliates,... Read more
12d
Business Wire
SHOPIFY INC. INVESTOR ALERT: Girard Gibbs Investigates Potential Securities Law Violationsinvestors who want to learn more about this class action lawsuit investigation,
Business Wire / Posted 12 days ago
investors who want to learn more about this class action lawsuit investigation, click here. On October 4, 2017, Citron Research published a report questioning the sustainability of Shopify’s user growth and asserting that the company’s... Read more
12d
Business Wire
Goldberg Law PC Announces an Investigation of Shopify Inc.on whether Shopify and certain of its officers and/or directors violated federa
Business Wire / Posted 12 days ago
on whether Shopify and certain of its officers and/or directors violated federal securities laws. On October 4, 2017, Citron Research published a report characterizing the Company as “a completely illegal get-rich quick scheme.” The report... Read more
7 related articles
12d
Business Wire
Spector, Roseman & Kodroff, P.C. Announces Class Action Lawsuit Filed Against Ubiquiti Networks, Inc.Ubiquiti’s publicly disseminated financial statements were materially false and
Business Wire / Posted 12 days ago
Ubiquiti’s publicly disseminated financial statements were materially false and misleading. On September 18, 2017, Citron Research issued a report entitled “Citron Exposes Ubiquiti Networks,” in which Citron detailed a series of “alarming... Read more
12d
FOX Business
Why Shopify, Momenta Pharmaceuticals, and MBIA Slumped Todaya sour taste in one analyst's mouth Shares of Shopify dropped more than 11.5%
FOX Business / Posted 12 days ago
a sour taste in one analyst's mouth Shares of Shopify dropped more than 11.5% after famed short-selling analyst company Citron Research targeted the website and e-commerce specialist. Citron analyst Andrew Left suggested that Spotify's share... Read more
12d
FOX Business
Why Shopify, Momenta Pharmaceuticals, and MBIA Slumped Todaya sour taste in one analyst's mouth Shares of Shopify dropped more than 11.5%
FOX Business / Posted 12 days ago
a sour taste in one analyst's mouth Shares of Shopify dropped more than 11.5% after famed short-selling analyst company Citron Research targeted the website and e-commerce specialist. Citron analyst Andrew Left suggested that Spotify's share... Read more
12d
Reuters
Canada's Shopify slides after Citron criticismTORONTO (Reuters) - Shopify Inc (SHOP.TO) (SHOP.N) shares fell by over 11 perce
Reuters / Posted 12 days ago
TORONTO (Reuters) - Shopify Inc (SHOP.TO) (SHOP.N) shares fell by over 11 percent on Wednesday after short-seller Citron Research said the Canadian provider of online retailing software was overvalued, according to traders and analysts. Citron’s... Read more
5 related articles
12d
CTV News
Shopify shares plunge after report questions company operationsnearly 10 per cent Wednesday after a research report alleged the e-commerce pla
CTV News / Posted 12 days ago
nearly 10 per cent Wednesday after a research report alleged the e-commerce platform company operates outside the law. Citron Research, an online stock commentary website whose reports have previously moved the direction of shares for the likes... Read more
12d
Reuters
Shopify slides after Citron criticizes marketing business modelTORONTO (Reuters) - Shopify Inc (SHOP.TO) (SHOP.N) shares fell over 11 percent
Reuters / Posted 12 days ago
TORONTO (Reuters) - Shopify Inc (SHOP.TO) (SHOP.N) shares fell over 11 percent on Wednesday after short-seller Citron Research said the stock of the Canadian provider of online retailing software was overvalued, according to traders and... Read more
5 related articles
12d
Channel NewsAsia
Shopify slides after Citron criticizes marketing business modelTORONTO: Shopify Inc shares fell over 11 percent on Wednesday after short-selle
Channel NewsAsia / Posted 12 days ago
TORONTO: Shopify Inc shares fell over 11 percent on Wednesday after short-seller Citron Research said the stock of the Canadian provider of online retailing software was overvalued, according to traders and analysts. Citron's Andrew Left criticized... Read more
5 related articles
12d
Web Host Industry Review
Shopify Tumbles as Citron Calls Company 'Get-Rich-Quick Scheme'(Bloomberg) — Shopify Inc. tumbled as much as 10 percent, the most in 11 months
Web Host Industry Review / Posted 12 days ago
(Bloomberg) — Shopify Inc. tumbled as much as 10 percent, the most in 11 months, after short-seller Citron Research issued a stinging rebuke of the Canadian e-commerce company, calling it a “get-rich-quick scheme.” In tweets and videos, Citron said... Read more
5 related articles
12d
Newsmax
Shopify Tumbles as Citron Calls Company 'Get-Rich-Quick Scheme'Shopify Inc. tumbled as much as 10 percent, the most in 11 months, after short-
Newsmax / Posted 12 days ago
Shopify Inc. tumbled as much as 10 percent, the most in 11 months, after short-seller Citron Research issued a stinging rebuke of the Canadian e-commerce company, calling it a "get-rich-quick scheme." In tweets and videos, Citron said Ottawa-based... Read more
5 related articles
12d
CBC.ca
Short seller Citron Research questions Shopify's business model, pushing stock down 8%after a high-profile American short seller said most of the 500,000 businesses
CBC.ca / Posted 12 days ago
after a high-profile American short seller said most of the 500,000 businesses the company works with aren't legitimate. Citron Research's Andrew Left released a video Wednesday morning alleging that Ottawa-based Shopify's hype is unsustainable,... Read more
13d
Business Insider
Short seller Andrew Left says he's found a 'business dirtier than Herbalife'The Citron Research founder tweeted on Wednesday that Canadian e-commerce compa
Business Insider / Posted 13 days ago
The Citron Research founder tweeted on Wednesday that Canadian e-commerce company Shopify is a "business dirtier than Herbalife." In the video, Left lays out the big question he has around the company: Outside of the roughly 50,000 verifiable... Read more
2 related articles
13d
CNET
Gogoro: More than the Tesla of scootersa swappable battery service. This is a very new concept, and not even industry
CNET / Posted 13 days ago
a swappable battery service. This is a very new concept, and not even industry observers are sure it will work. Ryan Citron, research analyst from Navigant Research, thinks Gogoro is starting in the right part of the world to make this work... Read more
14d
Business Wire
Ubiquiti Networks, Inc. (UBNTCommunity by approximately 3,290,000 users in the company's financial statement
Business Wire / Posted 14 days ago
Community by approximately 3,290,000 users in the company's financial statements and press releases. On September 18, 2017, Citron Research published a report detailing a series of "alarming red flags" indicating that Ubiquiti engaged in corporate... Read more
17d
FOX Business
Why Veritone Inc. Stock Skyrocketed Todaydefended the artificial intelligence specialist in the wake of a skeptical comm
FOX Business / Posted 17 days ago
defended the artificial intelligence specialist in the wake of a skeptical comment made earlier this week by short-seller Citron Research. Veritone shares plunged more than 30% on Wednesday, then plunged another 20% on Thursday after Citron... Read more
17d
FOX Business
Why Veritone Inc. Stock Skyrocketed Todaydefended the artificial intelligence specialist in the wake of a skeptical comm
FOX Business / Posted 17 days ago
defended the artificial intelligence specialist in the wake of a skeptical comment made earlier this week by short-seller Citron Research. Veritone shares plunged more than 30% on Wednesday, then plunged another 20% on Thursday after Citron... Read more
18d
Business Wire
Khang & Khang LLP Announces Securities Class Action Lawsuit against Ubiquiti Networks, Inc. and Encourages Investors with Losses to Contact the Firmabove, Ubiquiti’s publicly disseminated financial statements were materially fa
Business Wire / Posted 18 days ago
above, Ubiquiti’s publicly disseminated financial statements were materially false and misleading. On September 18, 2017, Citron Research published a report alleging a number of “red flags” suggesting that Ubiquiti misled investors by posting... Read more
5 related articles
19d
Business Wire
Navigant Research Report Finds That the Growth of the Internet of Things Industry Presents New Possibilities for Air Quality Monitoring and Management for Smart Citiestechnologies and services, low-cost and hyper-localized air pollution data is m
Business Wire / Posted 19 days ago
technologies and services, low-cost and hyper-localized air pollution data is more available than ever before,” says Ryan Citron, research analyst at Navigant Research. “However, while sensor networks offer great promise to lower cost and quickly... Read more
19d
Business Wire
UBNT INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Ubiquiti Networks, Inc. Investors and Encourages Investors to Contact the Firmlegal rights in this class action at 888-638-4847 or by email to howardsmith@ho
Business Wire / Posted 19 days ago
legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com. On September 18, 2017, Citron Research issued a report alleging that the Company misstated critical operating metrics, including net income margins,... Read more
19d
FOX Business
Why Tile Shop Holdings, Veritone, and Intra-Cellular Therapies Slumped Todaysour on Veritone Veritone stock plunged 30% in the wake of a negative comment
FOX Business / Posted 19 days ago
sour on Veritone Veritone stock plunged 30% in the wake of a negative comment from the noted short-selling company Citron Research. Citron released a short tweet today, suggesting that Veritone's reputation as an artificial intelligence... Read more
19d
FOX Business
Why Tile Shop Holdings, Veritone, and Intra-Cellular Therapies Slumped Todaysour on Veritone Veritone stock plunged 30% in the wake of a negative comment
FOX Business / Posted 19 days ago
sour on Veritone Veritone stock plunged 30% in the wake of a negative comment from the noted short-selling company Citron Research. Citron released a short tweet today, suggesting that Veritone's reputation as an artificial intelligence... Read more
19d
Stamford Advocate
A new study shows Wayfair is losing money on every new customer — and that's terrible news for the stock (W)from a falling stock price — though so far they've taken a bath on that bet. T
Stamford Advocate / Posted 19 days ago
from a falling stock price — though so far they've taken a bath on that bet. They were quick to jump on the research. Citron Research, the firm run by noted short-seller Andrew Left, has long been critical of Wayfair and was quick to tout the... Read more
19d
Connecticut Post
A new study shows Wayfair is losing money on every new customer — and that's terrible news for the stock (W)from a falling stock price — though so far they've taken a bath on that bet. T
Connecticut Post / Posted 19 days ago
from a falling stock price — though so far they've taken a bath on that bet. They were quick to jump on the research. Citron Research, the firm run by noted short-seller Andrew Left, has long been critical of Wayfair and was quick to tout the... Read more
20d
Business Wire
Lundin Law PC Announces Securities Class Action Lawsuit against Ubiquiti Networks, Inc. and Encourages Investors with Losses to Contact the Firmabove, Ubiquiti’s publicly disseminated financial statements were materially fa
Business Wire / Posted 20 days ago
above, Ubiquiti’s publicly disseminated financial statements were materially false and misleading. On September 18, 2017, Citron Research published a report alleging a number of “red flags” suggesting that Ubiquiti has been misleading investors by... Read more
5 related articles
20d
Business Wire
Bragar Eagel & Squire, P.C. Announces That a Class Action Lawsuit Has Been Filed Against Ubiquiti Networks, Inc. (UBNT) and Encourages Investors to Contact the Firmuntil November 24, 2017 to apply to the Court to be appointed as lead plaintiff
Business Wire / Posted 20 days ago
until November 24, 2017 to apply to the Court to be appointed as lead plaintiff in the lawsuit. On September 18, 2017, Citron Research published a report that claimed to “detail how Ubiquiti Networks is deceiving the investing public.” The... Read more
2 related articles
20d
Business Wire
Goldberg Law PC Announces the Filing of a Securities Class Action Lawsuit Against Ubiquiti Networks, Inc.above, Ubiquiti’s publicly disseminated financial statements were materially fa
Business Wire / Posted 20 days ago
above, Ubiquiti’s publicly disseminated financial statements were materially false and misleading. On September 18, 2017, Citron Research published a report alleging a number of “red flags” suggesting that the Company has been misleading investors... Read more
5 related articles
More

In this news