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Citron hits Shopify in short attack, Professor Lester weighs in
![](/desautels/files/desautels/styles/fullwidth_breakpoints_theme_moriarty_small_1x/public/lester_090403-162554-2434_web_0.jpg?itok=drWUvcBx×tamp=1444830992)
Published: 11 October 2017
Shopify recently came out in defense of its business model following an attack on the company by short seller Andrew Left of Citron. According to Desautels professor , short sellers actually do an investigative service by exposing information about companies that might have otherwise been strategically concealed; though he remains wary of the insider trading sometimes tied to shorts.
So, what to do if you鈥檝e invested in a company recently targeted by a short seller? Prof. Lester maintains that investors should generally weather the storm and avoid selling.
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