Spruce Point Issues “Strong Sell” Opinion On Genius Sports
Spruce Point Capital Management, LLC (“Spruce Point” or “we” or “us”), a New York-based investment management firm that focuses on forensic research and short-selling, today issued a detailed report entitled “Mr. Irrelevant… It Doesn’t Take A Genius” that outlines why we believe shares of Genius Sports Ltd (NYSE:GENI) (“Genius” or the “Company”), face up to 60% to 80% long-term downside risk, or $3.25 – $6.50 per share. Q2 2021 hedge fund letters, conferences and more Genius Sports: 55 Million Reasons To Sell In The Near-TermGenius Sports (“GENI” or “the Company”), a provider of live sports da...