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3 Min Read (Reuters) - Noted short-selling specialist Hindenburg Research published a critical report of Chamath Palihapitiya-backed Clover Health Investments Corp on Thursday, sending the insurance firm’s down more than 10%, its biggest daily percentage drop in four months. Venture capital investor Palihapitiya, who held a 27% stake in Clover Health as of Jan. 7, was among the big financial names to support last week’s GameStop buying frenzy against institutional short-sellers, saying early in the slugfest that he had bought in to the video game retailer. The Hindenburg report hindenburg...

The market for reusable water bottles was valued at US$8.64 billion in 2018 and is expected to grow at CAGR by 4.3 per cent during the forecast period from 2019 to 2027. Market Insights “ Growing health awareness coupled with stringnent government regulations for reusable material will upgrade the market growth during the forecast period “ Reusable water bottles are widely used for drinks such as juices, drinks, tea and are also used when traveling from one place to another. The growing use of reusable water bottles globally, due to its features, designs, material, size and shape, will d...

More Alarm Bells Are Being Raised About Sky-High Tech Valuations The number of downgrades and short calls being made on tech stocks that have soared to the stratosphere has picked up this month. Author: Dec 23, 2020 2:27 PM EST As certain tech stocks soar to jaw-dropping multiples, the number of analysts downgrading companies they otherwise like, due to their valuations, is mounting. PLTR) - Get Report by Credit Suisse. In cutting Palantir’s shares to Underperform from Neutral, analyst Brad Zelnick said the data mining/analytics software firm’s valuation had become “disconnected from f...

These Cocktail Machines Will Be on the Top of Everyone's Wish List Caroline Stanko, James Schend With most bars still closed for imbibing, the need for a high-quality craft cocktail at home has never been higher. But that doesn’t necessarily mean you have to stock up on a bunch of cocktail making tools or ingredients that you’ll only use sporadically. Cocktail machines are an all-in-one device that use specialty pods to mix alcohol, juices, bitters and water for a perfectly balanced cocktail with just a press of a button. It’s like having your own personal bartender at h...

Share: Gross profit of $10.8 million Adjusted EBITDA of $3.3 million Cash of $21.9 million at quarter-end Restructuring activities ongoing and Court order extended until March 19, 2021 MONTREAL, Dec. 15, 2020 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (NASDAQ:DTEA) ("DAVIDsTEA" or the "Company"), a leading tea merchant in North America, announces its third quarter results for the period ended October 31, 2020. DAVIDsTEA also announces the appointment of Sarah Segal as Chief Executive Officer (CEO), in addition to her position as Chief Brand Officer, and Frank Zitella as President, in addition to hi...