Thursday, May 16, 2024
Thursday, May 16, 2024
HomePet Industry NewsPet Insurance NewsTrupanion shares targeted by renowned brief seller By Investing.com

Trupanion shares targeted by renowned brief seller By Investing.com

Date:

Related stories

-Advertisement-spot_img
-- Advertisment --
- Advertisement -

Investing.comMay 08, 2023 12:02

Trupanion (NASDAQ:TRUP) shares extended losses early Monday after renowned brief sell Marc Cohodes said he is brief family pet insurer.

“I’m short this piece of s%!t Trupanion $TRUP,” Cohodes said Friday on a Hedgeye live interview. “They’re in family pet insurance coverage. They’re swindling the customer with family pet insurance coverage prices.”

Cohodes most just recently called the scams at FTX and was outspokenly brief Silvergate Capital (NYSE:SI) and Signature Bank prior to their collapse.

Shares of Trupanion fell almost 20% Friday after publishing frustrating Q1 outcomes. They reported Q1 EPS of ($0.60), $0.33 even worse than the expert quote of ($0.27). Revenue for the quarter was available in at $256.3 million versus the agreement quote of $251.68M.

Over the weekend, BofA Securities experts devalued Trupanion from Buy to Neutral with a cost target of $32.00

Shares of Trupanion are down another 4.6% in pre-open trading Monday.

 


Get The App

Join the countless individuals who remain on top of international monetary markets with Investing.com.

Download Now

- Advertisement -
Pet News 2Day
Pet News 2Dayhttps://petnews2day.com
About the editor Hey there! I'm proud to be the editor of Pet News 2Day. With a lifetime of experience and a genuine love for animals, I bring a wealth of knowledge and passion to my role. Experience and Expertise Animals have always been a central part of my life. I'm not only the owner of a top-notch dog grooming business in, but I also have a diverse and happy family of my own. We have five adorable dogs, six charming cats, a wise old tortoise, four adorable guinea pigs, two bouncy rabbits, and even a lively flock of chickens. Needless to say, my home is a haven for animal love! Credibility What sets me apart as a credible editor is my hands-on experience and dedication. Through running my grooming business, I've developed a deep understanding of various dog breeds and their needs. I take pride in delivering exceptional grooming services and ensuring each furry client feels comfortable and cared for. Commitment to Animal Welfare But my passion extends beyond my business. Fostering dogs until they find their forever homes is something I'm truly committed to. It's an incredibly rewarding experience, knowing that I'm making a difference in their lives. Additionally, I've volunteered at animal rescue centers across the globe, helping animals in need and gaining a global perspective on animal welfare. Trusted Source I believe that my diverse experiences, from running a successful grooming business to fostering and volunteering, make me a credible editor in the field of pet journalism. I strive to provide accurate and informative content, sharing insights into pet ownership, behavior, and care. My genuine love for animals drives me to be a trusted source for pet-related information, and I'm honored to share my knowledge and passion with readers like you.
-Advertisement-

Latest Articles

-Advertisement-

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!