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Jehoshaphat sees ‘significant deterioration’ in Universal Display fundamentals
The Fly

Jehoshaphat sees ‘significant deterioration’ in Universal Display fundamentals

"JR" of short-seller Jehoshaphat Research makes the case in a video published by ZerOes.TV that Universal Display Corporation (OLED) is "experiencing a significant deterioration in its business fundamentals, following the expiration of key patents." JR believes that the company has "employed a number of creative accounting maneuvers" to "maintain the illusion of robust growth" and "delay this serious impact to its financials." It is Jehoshaphat’s view that "reality will begin to show in 2023 in the form of missed revenue expectations," the short-selling firm added. Reference Link

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