Tempus AI hits back at scathing short report
From Yahoo Finance: 2025-05-31 13:33:00
Tempus AI faced a sharp drop in stock value after a critical report by Spruce Point Capital, but has since rebounded. The company, which uses AI in healthcare, went public in 2024 and has seen a 35% increase in stock value this year. Spruce Point’s report raised concerns about Tempus’ AI capabilities and leadership, resulting in a Strong Sell recommendation for TEM stock. In response, Tempus refuted the claims, emphasizing its financial performance and commitment to leveraging AI for healthcare. The company highlighted that previous stocks targeted by Spruce Point have seen positive growth.
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