![]() ![]() ![]() Spruce Point Capital Management also takes issue with the leadership team behind LSPD stock.Another problem it has is a recent string of acquisitions that it claims doesn’t have a clear path of profitability for Lightspeed Commerce.Despite this, the investment management firm claims that LSPD reported increasing Average Revenue Per User.It also says that organic growth has been on the decline throughout its IPO process.That includes overstating customer count by 85% and gross transaction volume by 10%.Spruce Point Capital Management believes that Lightspeed Commerce overinflated its business ahead of its IPO.Let’s jump into the details from that report below! LSPD Stock Short Report The investment management firm highlights several reasons that it believes Lightspeed Commerce could see shares fall from 60% to 80%. Spruce Point Capital Management is behind the short report hitting LSPD stock today. ![]()
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