EquipmentShare falls after Blue Orca shorts construction tech firm
24/09/2026 18:19
BUZZ-EquipmentShare falls after Blue Orca shorts construction tech firm ** Shares of construction tech firm EquipmentShare EQPT.O down 5.8% at $17.05
** Blue Orca Capital says they are shorting EQPT
** "We believe that undisclosed promises to backstop its equipment investment program create billions of dollars in hidden liabilities that could easily impair its balance sheet and bonds" - Blue Orca
** EQPT did not immediately respond to a Reuters request for comment
** As of last close, EQPT stock down ~26% since its debut in January
(Reporting by Jaspreet Singh in Bengaluru)
((Jaspreet.Singh@thomsonreuters.com ; https://twitter.com/i_jass))
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EquipmentShare falls after Blue Orca shorts construction tech firm