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Seeking Alpha 2022-03-03 15:15:11

Core Scientific drops after new short call from Culper Research

Core Scientific (NASDAQ:CORZ) fell 3.8% after a new short report from Culper Research. Culper alleges that Core Scientific "wildly oversold" both its mining and hosting business. Culper also highlights that CORZ on Monday disclosed that its board waived a 180-lockup on over 282M shares, which well allow insiders to sell the shares. Core Scientific (CORZ) didn't immediately respond to Seeking Alpha request for comment. Last week, Core Scientific stock climbed 6% after new buy rating at BTIG.

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