Kerrisdale Takes Its Globalstar, Inc. (GSAT) Short To The FCC
Globalstar, Inc. (NYSEMKT:GSAT) shares are taking a beating once again as Kerrisdale Capital Management presses its short thesis, this time sending a letter to the Federal Communication Commission (FCC) arguing that opening Channels 12 and 13 would be a more effective way to deal with Wi-FI congestion . . .
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