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home / news releases / DNMR - Danimer Scientific jumps after twitter spat between David Einhorn and short Spruce Point


DNMR - Danimer Scientific jumps after twitter spat between David Einhorn and short Spruce Point

Danimer Scientific (DNMR) rose 10% after hedge fund manager David Einhorn got in a twitter exchange with short seller Ben Axler of Spruce Point after Axler released a follow up to an earlier report he did on the green plastics maker.Einhorn, who's Greenlight Capital hedge fund owns Danimer shares, claimed in a tweet that Axler was misquoting him in Spruce Point's latest report.  Einhorn pointed out that what he recently said was that the short seller reports on Danimer were "so full of blatant misuse of data, that we have to believe the purpose is to intentionally spread false and misleading information ..."The above quote originally came from Greenlight Capital Re's (GLRE) Q1 earnings conference call transcript from May 6. Axler responded in several tweets to Einhorn, stating in one tweet "come on man, stick to the facts and what's relevant to seeking out the truth among public issuers. The fact is there is

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Danimer Scientific jumps after twitter spat between David Einhorn and short Spruce Point
Stock Information

Company Name: Danimer Scientific Inc.
Stock Symbol: DNMR
Market: NYSE
Website: danimerscientific.com

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