Tempus Fugit, Investors Regret? Spruce Calls CEO 'Cash Out' King - Tempus AI (NASDAQ:TEM)

Tempus Fugit, Investors Regret? Spruce Calls CEO 'Cash Out' King - Tempus AI (NASDAQ:TEM)

Editor’s note: This story has been updated to include a statement from a Tempus AI spokesperson. Spruce Point Capital Management has announced a new short position against Tempus AI Inc. (NASDAQ:TEM). On Wednesday, the short seller raised concerns about the company’s management team. What To Know: Tempus AI shares are tumbling Wednesday morning. Shortseller Spruce Point targeted the Chicago-based company in a new report titled “The Tempest Surro…

Tempus AI hammered by short seller’s report

The short seller warned that the shares could drop 60%, spotlighting what it described as “aggressive accounting, financial reporting, and suspicious revenue-generating partnerships.”

TEM : TEMPUS AI, INC.

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