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ATRC - Kerrisdale Capital is short Atricure citing 'doomed to fail' Convergent procedure
AtriCure Inc.
Among other criticisms, Kerrisdale Capital cites valuation as part of its short thesis on Atricure (ATRC), given it's near the "highest valuation in its history."Investors' assumptions on a "widespread adoption" of the Convergent procedure and growth in surgical devices are "misplaced."Shares of ATRC are under pressure in early trading, off nearly 7%Story is developing...