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Muddy Waters

All articles tagged with #muddy waters

business25 days ago•10 min saved

SoFi Pushes Back on Muddy Waters Report, Signals Possible Legal Action

SoFi Technologies issued a statement denouncing Muddy Waters' short-seller report as inaccurate and misleading and said it may pursue legal action. The company defends its GAAP-compliant financial reporting and regulatory status as a bank holding company overseen by the Federal Reserve and OCC, while accusing Muddy Waters of aiming to depress share value for short-selling profits. The release frames the report as investor deception and reaffirms SoFi’s commitment to transparency and shareholder value.

via SoFi|

#business #gaap #muddy-waters

business25 days ago•16 min saved

SoFi Slumps After Muddy Waters Short Report Highlights Accounting Claims

SOFI stock fell about 5% after Muddy Waters published a short report alleging accounting “abuses” and overstated loan performance, with adjusted default rates significantly higher than SoFi’s figures and claims insiders benefit from share issuances via prepaid forward deals; SoFi says CEO Anthony Noto has not sold shares. Despite Q4 2025 revenue of $1.01 billion, the stock has tumbled year-to-date and analysts remain cautious with a Hold rating and a roughly $26 target.

via TipRanks|

#accounting #business #muddy-waters

business25 days ago•10 min saved

Muddy Waters accuses SoFi of dilution, debt masking, and misstatements

Muddy Waters Research alleges SoFi Technologies uses financial engineering to dilute shareholders, disguises borrowings as revenue (including a claim of a $312 million unrecorded debt), and ties student-loan and secured-loan activities to management bonuses rather than genuine economic value, suggesting potential widespread misstatements and aggressive equity issuance to hit targets.

via Muddy Waters Research|

#business #dilution #financial-engineering

business1 year ago•0 min saved

Elf Beauty Shares Plummet Amid Muddy Waters' Short-Selling Allegations

Shares of Elf Beauty dropped 15% after Muddy Waters, a short-selling firm, announced a bet against the company at the Sohn Conference in London. This move comes as Elf Beauty's stock was already down 15% earlier this year. The Oakland-based cosmetics maker, known for its affordable vegan products popular among Gen Z and millennials, now has a market value of $6 billion. Elf Beauty has not yet commented on the situation.

via Financial Times|

#business #cosmetics #elf-beauty