Skip to content CEO Tom Siebel Calls Short-Seller Report ‘Stock Price Manipulation’

  • Siebel claims Kerrisdale made over $100 million on the short
  • Company shares plunge in two days since short-seller attack Inc. Chief Executive Officer Tom Siebel said the short-seller letter from Kerrisdale Capital that caused his company’s shares to plummet 38% the past two days was stock price manipulation.

The letter contained “not a word of truth,” Siebel said Wednesday in an interview with Bloomberg Radio. “It was a very creative, very successful attempt at what appears to be successful stock price manipulation.”