Facebook Losing ‘Relevancy,’ Says Short-Seller Citron Research

Facebook (FB) is the latest target of Alan Left of Citron Research, who says he’s betting against the dominant social network by selling the shares short.

In an interview with CNBC, Left said Facebook “is losing an extensive amount of relevancy.” Previous targets of the activist short-seller have included Valeant Pharmaceuticals (VRX) and 3D printer maker 3D Systems (DDD). The stock of both companies plunged after Citron said it was shorting those stocks.

Facebook shares were down...

What feeling does this article give you?
Joy
Disgust
Fear
Anger
Sadness

#hashtags to follow:

Citron [+]    CNBC [+]    Valeant Pharmaceuticals [+]    VRX [+]    Systems [+]    DDD [+]   

More #news: