Innoviz Technologies Ltd (NASDAQ:INVZ) shares are trading higher Monday amid bullish commentary from a well known short seller.
What To Know: Short seller Citron Research highlighted a bullish take on Innoviz from Motley Fool Monday morning. Motley Fool reportedly called Innoviz “the best AI company you’ve never heard of.”
“Citron could not agree more,” the short seller said in a tweet.
“If earnings hint at a new production win this week, watch out! Top-notch management & genuine technology validated by biggest names in auto make it an asymmetrical opportunity,” Citron Research added.
Innoviz is set to report second-quarter financial results on Wednesday. The company is expected to report a loss of 22 cents per share on quarterly revenue of $1.06 million, according to estimates from Benzinga Pro.
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INVZ Price Action: Innoviz shares were up 16.4% at $3.97 at the time of publication, according to Benzinga Pro.
Photo: courtesy of Innoviz.
