MoffettNathanson analyst Jackson Ader says the rally in CS Disco shares yesterday following the Wall Street Journal article detailing allegations of sexual misconduct by former CEO Kiwi Camara indicates that investors “viewed this as a one-man problem.” The firm, however, says its concerns over CS Disco’s execution and the ability of the company to meet the expectations of investors remain intact. It keeps a Market Perform rating on the shares.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on LAW: