Citron Research shorts MicroStrategy (MSTR), which is considered to be a bitcoin (BTC-USD) proxy, citing the stock is untethered from the cryptocurrency’s fundamentals. UPS (UPS) will pay $45 million to the Securities and Exchange Commission (SEC) for failing to use generally accepted accounting principles (GAAP) when evaluating its freight segment, which the SEC said misrepresented the value of the business. Honeywell (HON) will sell its personal protective equipment (PPE) business for $1.33 billion amid ongoing pressures from activist investors. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Naomi Buchanan.
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