Why Kerrisdale Capital Thinks Globalstar Inc Is Worthless – ValueWalk Premium
Globalstar

Why Kerrisdale Capital Thinks Globalstar Inc Is Worthless

The rumors are true, Kerrisdale Capital is short Globalstar, Inc. (NYSEMKT:GSAT), claiming the $3 billion company is actually worthless because its satellite business is losing money and the spectrum that investors are banking on for new Wi-FI services is worthless. But it seems that last week’s

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