Short seller Fuzzy Panda said Friday it is short Red Cat Holdings (RCAT), citing misleading claims by the drone maker. Red ...
Fuzzy Panda Research says it is short drone company Red Cat (RCAT), telling investors in a research note that it believes management has been ...
The report also questions Red Cat’s ability to meet its fiscal year 2025 guidance of $80-120 million in revenue. With current annualized revenue of approximately $10 million and the Army contract at ...