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Slide 1
The slide uses a provocative visual metaphor (skull and crossbones, 'Stock Promotion' text on a bald head) to frame the company's business model as deceptive.Hims & Hers Health, Inc. (HIMS) · Spruce Point Capital Management
Activist deck Short seller 2 hits
77
The slide uses a 'before-after' style logic to contrast the company's claims with the reality of the award criteria.Perion Network Ltd. (PERI) · Spruce Point Capital Management
Activist deck Short seller Beat · Expose ContradictionLoop · Logic Chain2 hits
22
Features red arrows pointing from the CEO's 15% revenue claim to the actual 13.4% and 12.9% figures in the table, highlighting the discrepancy.DoubleVerify Holdings, Inc. (DV) · Spruce Point Capital Management
Activist deck Short seller Beat · Evidence2 hits
47
Uses a 'before-after' or 'evidence-matrix' style to link official filings with anecdotal employee evidence.DoubleVerify Holdings, Inc. (DV) · Spruce Point Capital Management
Activist deck Short seller Beat · The MonsterLoop · The Reveal2 hits
73
The slide uses a dense paragraph format to highlight financial discrepancies and accounting adjustments related to an acquisition.DoubleVerify Holdings, Inc. (DV) · Spruce Point Capital Management
Activist deck Short seller Beat · The StruggleLoop · Cost Of Inaction2 hits
14
The slide uses a red flag icon to signal the fraud warning.Progyny, Inc. (PGNY) · Spruce Point Capital Management
Activist deck Short seller Beat · ComplicationLoop · Aha Moment2 hits
15
Uses color coding to distinguish between indicted individuals and current PGNY leadership.Progyny, Inc. (PGNY) · Spruce Point Capital Management
Activist deck Short seller Beat · ComplicationLoop · Aha Moment2 hits
22
Uses red arrows to visually connect specific claims in the bios to the activist's critique.Progyny, Inc. (PGNY) · Spruce Point Capital Management
Activist deck Short seller Beat · EvidenceLoop · Analogy2 hits
23
Uses DOJ and FTC press releases as primary evidence to undermine the subject's credibility.Progyny, Inc. (PGNY) · Spruce Point Capital Management
Activist deck Short seller Beat · EvidenceLoop · Analogy2 hits
33
Uses a waterfall-bridge style calculation to highlight a specific numerical inconsistency in company disclosures.Progyny, Inc. (PGNY) · Spruce Point Capital Management
Activist deck Short seller Beat · EvidenceLoop · Analogy2 hits
88
The slide uses a red flag icon to signal a warning or 'red flag' issue.Progyny, Inc. (PGNY) · Spruce Point Capital Management
Activist deck Short seller Beat · ResolutionLoop · Mece Breakdown2 hits
91
The slide uses a red flag icon to highlight the key takeaway and a red box to highlight the study's conclusion.Progyny, Inc. (PGNY) · Spruce Point Capital Management
Activist deck Short seller Beat · ResolutionLoop · Mece Breakdown2 hits
01
Slide 1
The slide uses a metaphorical image of a computer monitor infested with vermin and insects to convey a negative sentiment about the company's project health.Broadridge Financial Solutions, Inc. (BR) · Ben Axler
Activist deck Short seller 2 hits
21
The slide uses red boxes to highlight specific data points that support the thesis of inventory mismanagement.Skechers U.S.A., Inc. (SKX) · Spruce Point Capital Management
Activist deck Short seller Beat · The StruggleLoop · Iceberg2 hits
23
Uses a 'red flag' icon to signal a warning or contradiction.FIGS, Inc. (FIGS) · Spruce Point Capital Management
Activist deck Short seller 2 hits
26
The slide uses a red flag icon and a red callout box at the bottom to emphasize the negative findings regarding FIGS' credibility.FIGS, Inc. (FIGS) · Spruce Point Capital Management
Activist deck Short seller 2 hits
36
The slide uses a red flag icon to signal a warning/critique of the company's market sizing claims.FIGS, Inc. (FIGS) · Spruce Point Capital Management
Activist deck Short seller 2 hits
50
The slide uses a table-like structure to present qualitative evidence of management dysfunction.FIGS, Inc. (FIGS) · Spruce Point Capital Management
Activist deck Short seller Loop · Iceberg2 hits
62
Uses a 'spot the difference' visual test to undermine the company's narrative of unique design differentiation.FIGS, Inc. (FIGS) · Spruce Point Capital Management
Activist deck Short seller 2 hits
63
The slide uses a visual grid of product thumbnails from Uniform Advantage to demonstrate market saturation of the jogger style.FIGS, Inc. (FIGS) · Spruce Point Capital Management
Activist deck Short seller 2 hits
70
The slide uses a red flag icon to signal risk and a red box to highlight the negative trend in the chart.FIGS, Inc. (FIGS) · Spruce Point Capital Management
Activist deck Short seller 2 hits
101
Includes excerpts from sworn testimony with red-box highlights emphasizing the lack of silver and failure of antimicrobial claims.FIGS, Inc. (FIGS) · Spruce Point Capital Management
Activist deck Short seller Beat · The Victory2 hits
103
Uses a red box to highlight the specific incriminating email text.FIGS, Inc. (FIGS) · Spruce Point Capital Management
Activist deck Short seller Beat · The Victory2 hits
109
Uses a red flag icon to signal a warning or contradiction.FIGS, Inc. (FIGS) · Spruce Point Capital Management
Activist deck Short seller Beat · The Victory2 hits
01
Slide 1
The imagery is highly provocative, intended to associate the company with infestation and decay.Saputo Inc. (TSX:SAP) · Spruce Point Capital Management
Activist deck Short seller 2 hits
113
The slide uses a red-bordered callout box to summarize the thesis and a blue header for the supporting evidence.Saputo Inc. (TSX:SAP) · Spruce Point Capital Management
Activist deck Short seller 2 hits
146
The slide uses a combination of a regulatory filing table and a stock price chart to imply opportunistic selling by an insider.Saputo Inc. (TSX:SAP) · Spruce Point Capital Management
Activist deck Short seller 2 hits
01
Slide 1
The imagery of rats and insects in a storm drain is a metaphorical 'villain' critique, suggesting the company is 'dirty' or 'infested'.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller Beat · Hook2 hits
52
The slide uses a red callout box to emphasize the severity of the audit findings.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 2 hits
55
The slide highlights a specific accounting disclosure from WTRG's 2022 10-K, calling out questionable assumptions with red underlines and a critical callout box.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 2 hits