Bending Spoons added as new short at Hedgeye
Seeking Alpha ·
Bending Spoons ( BSP ) was added as a new short idea at Hedgeye. "Ou r research suggests the business is far less durable than its valuation implies," Hedgeye analyst Andrew Freedman wrote in a note on Friday. "The overwhelming majority of the growth
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Hedgeye analyst Andrew Freedman has added Bending Spoons as a new short portfolio idea. The analysis suggests that the company's business sustainability falls far short of supporting its current high valuation. This announcement raises bubble concerns regarding the company, prompting investors to adopt a cautious approach.
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- Software — Hedgeye has designated Bending Spoons as a new short target, spreading concerns over excessive valuation and a lack of growth sustainability.
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