Fuzzy Panda Research says it is short drone company Red Cat (RCAT), telling investors in a research note that it believes management has been misleading investors about the size of its Army contract, its new FANG drone, and its prospects for landing sales to NATO allies.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RCAT: