hard disk drive (HDD)

Search documents
Short Seller Says Pure Storage Is A 'Melting Ice Cube,' Warns Of 'Pure Downside' In Shares
Benzinga· 2025-09-04 14:58
Kerrisdale Capital is shorting Pure Storage Inc. PSTG as the firm believes the company is poorly positioned to capture any meaningful share of cloud and AI infrastructure spending.What To Know: Kerrisdale Capital released a bearish report on Pure Storage on Thursday, calling the company “a flash in the pan.” The short seller believes the company is going to be left behind in the AI revolution. “Since its core product has little chance of hyperscaler adoption, Pure has crafted a story suggesting its new quad ...