Spruce Point shorts ad-tech firm Perion Network

Perion Network

23/05/2023 14:09

May 23 (Reuters) - Short-seller Spruce Point on Tuesday
said it is short on ad technology firm Perion Network  PERI.O ,
as it had "concerns about the accuracy of its financial
reporting, efficacy of its product suite, and the sustainability
of its growth."
    Perion did not immediately respond to a request for comment.

 (Reporting by Chavi Mehta in Bengaluru; Editing by Maju Samuel)
 ((Chavi.Mehta@thomsonreuters.com;))