We came across a bearish thesis on Cricut, Inc. on Valueinvestorsclub.com by deerwood. In this article, we will summarize the bulls’ thesis on CRCT. Cricut, Inc.'s share was trading at $5.84 as of September 3rd. CRCT’s trailing P/E were 17.18 according to Yahoo Finance.
[caption id="attachment_425960" align="aligncenter" width="750"]Cricut, Inc. (CRCT) presents a compelling short opportunity, with shares potentially falling to $3.50, reflecting 52% downside from current levels. The company, known for its DIY cutting machines and associated...
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