Skip to main content

Muddy Waters Shorts GSX Techedu Inc

Short seller Muddy Waters has announced a short position in GSX Techedu, a a technology-driven education company. MW says it downloaded GSX's data from more than 200 paid K-12 classes, covering 54,065 unique users, and claims that approximately 70% of GSX users are fake, and that a former GSX manager corroborated their analysis.

MW says that "GSX is a massive loss-making business" and that long holders of GSX face the risk that margin lenders will be forced to aggressively sell the stock, crashing the price.


© The Sortino Group Ltd

All Rights Reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or scanning or otherwise, except under the terms of the Copyright, Designs and Patents Act 1988 or under the terms of a licence issued by the Copyright Licensing Agency or other Reprographic Rights Organisation, without the written permission of the publisher. For more information about reprints from AlphaWeek, click here.