TR - Tootsie Roll drops as Spruce Point says its short again post Halloween
- Tootsie Roll ( NYSE: TR ) neared session lows, down 2.5% , at least party after well known short Spruce Point Capital said it was short the candy maker again.
- "Halloween season is over + the $700m valuation increase non-sensical," Spruce Point tweeted. "The qtr eps wasn't even a record creating $700m of mkt value?"
- Spruce Point first published a short report on Tootsie Roll ( TR ) in October 2017.
- Tootsie Roll short interest is 8.5%. Tootsie Roll ( TR ) has a market cap of $2.8 billion.
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Tootsie Roll drops as Spruce Point says its short again post Halloween