Brief: Spruce Point Capital Management Announces Investment Opinion Releases Report And Strong Sell Research Opinion On Samsara Inc. (NYSE Iot)

Samsara (Pre-Reincorporation)

21/09/2023 14:00

Sept 21 (Reuters) - Samsara Inc  IOT.N :
    * SPRUCE POINT CAPITAL MANAGEMENT ANNOUNCES INVESTMENT
OPINION:
RELEASES REPORT AND STRONG SELL RESEARCH OPINION ON SAMSARA INC.
(NYSE: IOT)
    * SPRUCE POINT: SPRUCE POINT HAS A SHORT POSITION IN SAMSARA
INC.
AND OWNS DERIVATIVE SECURITIES THAT STAND TO NET BENEFIT IF ITS
SHARE PRICE FALLS
    * SPRUCE POINT SAYS SHARES OF SAMSARA INC FACE UP TO 45% TO
75%
LONG-TERM DOWNSIDE RISK, OR $6.30 - $13.90 PER SHARE
    * SPRUCE POINT- QUESTIONS CO'S UPSIDE POTENTIAL RELATED TO
AI
GIVEN ITS HISTORICAL PRACTICES OF PROVIDING FREE UPGRADES FOR
THESE FEATURES

Source text for Eikon:  ID:nBw25Ls8Ja 
Further company coverage:  IOT.N 

 ((Reuters.Briefs@thomsonreuters.com))