Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
BUZZ-Blue Orca shorted a construction technology company, resulting in EquipmentShare shares dropping.

BUZZ-Blue Orca shorted a construction technology company, resulting in EquipmentShare shares dropping.

路透社路透社2026/09/24 17:26
Show original

- ** Construction technology company EquipmentShare (EQPT.O) shares fell 5.8%, closing at $17.05

** Blue Orca Capital said it is shorting EQPT

** “We believe the company’s undisclosed commitments to guarantee its equipment investment plans generate billions of dollars in off-balance-sheet liabilities, which are highly likely to impair its balance sheet and bonds,” said Blue Orca

** EQPT has not immediately responded to Reuters' request for comment

** As of the close of the previous trading day, EQPT shares have declined about 26% since its listing in January



(To facilitate non-native English speakers, Reuters has automatically translated its report into several other languages. Because automated translation may contain errors or lack the required context, Reuters does not guarantee the accuracy of the automated translation text and provides it for readers’ convenience only. Reuters accepts no responsibility for any harm or loss arising from use of the automated translation feature.)

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

India Relaxes Asset Management Rules: Portfolio Management Industry Approved for Overseas Investment and Short Selling Stocks for the First Time

Indian regulators announced on Thursday that they will allow the country’s $463 billion portfolio management industry to invest in overseas securities for the first time and to conduct short-selling in stock options. This move opens up new channels for India’s wealthy class to access global markets and holds significance for AI-related assets, which have attracted strong investor interest. Additionally, India will launch new portfolio management products with lower investment thresholds.

华尔街见闻•2026/09/24 21:16
India Relaxes Asset Management Rules: Portfolio Management Industry Approved for Overseas Investment and Short Selling Stocks for the First Time