Stocks of Foot Locker (FL), Gilead (GILD), Intuit (INTU) Dropped, Eli Lilly (LLY) Gained... MoneyGram International (MGI) Stock Added Nearly 12% This Week, Phoenix New Media (FENG) Soars Above 45% Following Release of Special Cash Dividends of $1.3712 per ADS, Spotify (SPOT) Exploring New Ways For Monetization, Struck Another Acquisition Deal, Tyson Foods (TSN) Stock Rose On Friday, Extending Productions in Europe And Asia, McDonald’s (MCD) Stock Jumped 2.2%, Plant-Based Meat Recipes To Appear On Menu, Stocks of Foot Locker (FL), Gilead (GILD), Intuit (INTU) Dropped, Eli Lilly (LLY) Gained On Friday, An Insight Into SolarEdge Technologies (SEDG) Stock, HighPoint Resources (HPR) Spiked 85.64% on Monday Following Merger Agreement with Bonanza Creek. This represents a growth rate of 431%. GSX currently public float of 127.14M and currently shorts hold a 25.23% ratio of that float. Our conclusions are based on GSX’s own user and attendance data files (i.e., this is not from “scraping” data). In addition, GSX Techedu Inc. saw 185.00% in overturn over a single year, with a tendency to cut further gains. The volatility ratio for the week stands at 10.21% while the volatility levels for the past 30 days are set at 7.00% for GSX Techedu Inc.. Short sellers are betting that GSX Techedu will decline in price. Regardless of how one cuts it though, GSX is an almost completely empty box. The stock is... Uber stock traded at a 52-week high on Friday just after the company reported its third quarter results. The company’s stock price has collected -8.40% of loss in the last five trading sessions. The cloud business Fastly Inc. (FSLY) has increased in price over the week as the COVID-19 pandemic continues. You accept all risks in relying on the information on this website. In response, GSX.com issued a statement, claiming Citron’s short report Part 3 is “full of false allegations.” On the so-called “related party transactions”, GSX replied that all related party … Neither Muddy Waters Research nor Muddy Waters Capital will update any report or information on its website to reflect changes in positions that may be held by a Muddy Waters Related Person. This is not an offer to sell or a solicitation of an offer to buy any security. The company’s stock price has collected -8.40% of loss in the last five trading sessions. Today, the average trading volume of GSX was 4.17M shares. GSX Techedu Inc. (NYSE: GSX) (“GSX Techedu” or the “Company”) is a technology-driven education company and a leading online K-12 large-class after-school tutoring service provider in China. Muddy Waters Capital is an investment adviser with the U.S. Securities and Exchange Commission and is not registered as investment adviser in any other jurisdiction. We are short GSX because we conclude that it is a near-total fraud. During the three months through September, GSX suffered a net loss of 932.5 million yuan ($137.3 million), compared with a net profit of 1.9 million yuan a year ago, according to its latest earnings report released Friday. de C.V. (AMX) Reveals an Earnings Mystery, Roku Inc. (ROKU) and the Battle of Fundamentals vs. Technicals, Nuance Communications (NUAN) Stock Rose Over 26% In A Week After Q4 Results, Fastly (FSLY) Stock Likely To Be Benefited From Increasing Restrictive Measures, U.S. Economy Growing Dynamically, Europe Still To Struggle More. Copyright © 2020 Muddy Waters Research, All Rights Reserved. We conclude that at least ~70% of its users are fake, and we think it’s quite likely that at least ~80% of its users are fake. Since the beginning of the year, Chinese solar energy solutions provider JinkoSolar Holding Co. Ltd. (JKS) has risen almost 172 percent. Despite hav ing over 4500 stores in China, Luckin Coffee (LK) recently saw its stock price vaporized as the company disclosed that it had overstated revenue by 40%. We refer to Muddy Waters Research and Muddy Waters Capital collectively as “Muddy Waters” and individually these entities are referred to as a “Muddy Waters Entity”. GSX said that the short report is confused and full of ignorance about the company's business. PDS Biotechnology Corporation (PDSB) revealed pretty balanced Earnings results as it emphasizes cost-cutting measures, Glencore CEO Says It is in Talks with Carmakers and Battery Makers about Nickel, JinkoSolar (JKS) Stock To Rise Benefiting From Global Solar Efforts, Uber, Inc.