Vita Coco falls after Ningi Research says short on stock
ReutersMar 26, 2025 4:40 PM
Shares of beverage company Vita Coco COCO.O down as much as 11.7% at $31.31
We are short Vita Coco, with structural issues amid stalling sales and Costco contract loss- Ningi Research, in a message posted on X
Says COCO is "nothing more than a one-trick pony" in a niche total addressable market (TAM)
Including session moves, COCO down 14% YTD
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