Here's One Of Our Top Tech Shorts Right Now

03/27/20 04:03PM EDT

https://www.youtube.com/watch?v=UlH9sBXCqFM

Hedgeye Technology analyst Ami Joseph recently held an update call on several of his positions in the wake of the quickly-changing market. He reiterated his short on Medallia Inc. (MDLA), arguing it has downside risk to $13 per share.

"As long as the core platform continues to deteriorate and be landlocked without major wins and major evolution and they continue to advance the company in terms of adjacency, whether it's mid-market or via M&A, I think the main part of the company will continue to deteriorate," Joseph explains in the clip above.

Watch the full clip for more.

Here's One Of Our Top Tech Shorts Right Now - real time alerts

© 2020 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.