GDS short seller report reveals fundamental lack of understanding of data centre business
GDS has recently come under scrutiny after a 53-page report by Blue Orca Capital calls some of its reported metrics into question. GDS’s stock price dropped from ~$35 a share to ~$20 (~43% decline) yesterday. GDS’s stock price has since rallied to $25 a share following a statement by GDS and reports from several equity research analysts.
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