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0.00380167907492479 0.00950419768731192 0.0171075558371615 0.00554411531759863 -0.00364327578013618 0.00760335814984958 -0.00237604942182795 -0.000475209884365613
Stock impact report

The Vita Coco Company Issues Statement Regarding NINGI Research Report

The Vita Coco Company, Inc. (COCO) 
Company Research Source: GlobeNewswire
NEW YORK, March 26, 2025 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ: COCO) (“Vita Coco” or the “Company”), a leading high-growth platform of better-for-you beverage brands, today provided the following response to the recent short seller report issued by NINGI Research, who subsequently disclosed a short position in The Vita Coco Company stock. After reviewing the claims outlined in NINGI Research’s report, the Company has found that the report contains numerous inaccuracies and mischaracterizations. Contrary to this report, the Company has consistently and transparently addressed the matters discussed in the report through appropriate public disclosures. The Company stated on the Fourth Quarter and Fiscal-Year 2024 Earnings Call held on Wednesday, February 26, 2025: “As we've previously highlighted, last year, we experienced significant inventory constraints which led to unacceptable private label service levels that were below our standards. As a result of these ch Show less Read more
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