WebNov 15, 2024 · 615P update: Twist responds to short report. Twist Bioscience ( NASDAQ: TWST ) plummeted 26% in premarket trading amid a new short report from Scorpion Capital. The stock closed down 20% and … WebNov 15, 2024 · On November 15, 2024, Twist shares opened at $28.76 per share, a decline of $9.24 per share from the closing price on November 14, 2024 of $38 per share, a decline …
Twist Bioscience Twist Bioscience Addresses Misleading Short …
WebJan 3, 2024 · Ultimately, the Scorpion Report concluded that Twist is “operating a Ponzi-like scheme that will end in bankruptcy.” In response to the revelations in the Scorpion Report, the price of Twist common stock fell $7.57 per share, or nearly 20%, from a close of $38.00 per share on November 14, 2024, to close at $30.43 per share on November 15, 2024. WebNov 15, 2024 · Reportedly, activist short seller Scorpion Capital just published a report about Twist Bioscience (NASDAQ:TWST). You might be shocked to discover the price target that Scorpion has placed on TWST stock, along with the accusations in the short report. California-based Twist Bioscience provides synthetic DNA-based products. nwo hall and nash
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WebNov 15, 2024 · Twist believes that the short-seller report issued by Scorpion Capital is highly misleading, with many distortions and inaccuracies. Unlike the author of the short-seller … WebOnn November 15, 2024, Scorpion Capital published a lengthy report alleging that Twist is “a cash-burning inferno that is not a going concern.” Specifically, ... According to Scorpion, Twist is perpetuating its fraud through false reporting of capital expenditures and gross margins—which Scorpion claims are actually negative. WebNov 16, 2024 · Short Term: Mid-Term: Long Term: Trends: Bearish: Bearish: Bearish nwoha_nation twitter