tags: [potential/short, thesis/optimism, thesis/fraud] ...

Independent short-seller Keith Dalrymple published a second article on Vertiv Holdings (NYSE: VRT — $5.15 billion), a data center equipment and services company. The article claims Vertiv dramatically overpaid for its acquisition of E&I Engineering last year, fitting a pattern of enthusiastic forecasts that “end in disappointment.” Last month, Dalrymple also alleged the company was booking billions in unprofitable business “to project the optics of growth.”