UPDATE: Leidos (LDOS) Named as New Short at Spruce Point

February 16, 2021 12:02 PM EST

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(Updated - February 16, 2021 12:05 PM EST)

Leidos (NYSE: LDOS) was mentioned as a new short at Spruce Point.

The short seller noted strong evidence to suggest it is obfuscating its cash flow struggles and sees 35%-60% downside.

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