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Muddy Waters' Carson Block Bets Against E.L.F. Beauty: Short Seller Says Retailer's Financials Show 'Major Red Flag'

Summary

Muddy Waters Research founder Carson Block announced a new short position in E.l.f. Beauty, Inc (NYSE:ELF) at the Sohn conference on Wednesday, which sent shares of the cosmetics company tumbling. Here's a look at why the short seller is betting against E.L.F.

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Article published on November 20, 2024 by benzinga