Short Seller Says Ibotta Is A 'Broken Business' Bound For Lower Share Prices
Short seller The Bear Cave has taken a swipe at Ibotta Inc IBTA in a new report highlighting slowing growth and collapsing customer and employee relationships.What Happened: The Bear Cave released a new short report on Ibotta on Thursday, alleging the digital couponing company is a “broken business” that is likely headed lower. “Since going public, the company's growth has consistently missed expectations and The Bear Cave's review of online commentary finds waning consumer support, severe employee dissatis ...