Analyst Articles

Nikola’s Stock Price Drops by 15% After Short-Seller Activist Hindenburg Accuses of Misinformation and Fraud

According to a report by Bloomberg News on Monday, Nikola is currently under investigation by the SEC for false claims brought to light by Hindenburg Research, an activist short-seller research firm, who accused Trevor Milton, founder of Nikola, of fraud related to misinformation on Nikola’s technological capabilities and product offerings. [more]

Altice and Rogers try to acquire Cogeco
Analyst Articles

Cogeco Majority Owner Rejects Altice and Rogers’ Proposal to Buy Cogeco for $10.3B

This week, Altice, a U.S. cable company, proposed a hostile bid to acquire Cogeco and Cogeco Communications, offering a 36% premium for Cogeco’s shareholders and a 37% premium for Cogeco Communications’ shareholders. However, the Audet family, who owns controlling interests in the two companies, quickly rejected Altice’s offer on the same day of the proposal. [more]