Whitney Tilson's Latest Embarrassment: XPRT Down 80% Just Days After He Took An Activist Stake

More bad news for Whitney Tilson, who was last seen getting smoked on his Netflix short, only to cover right near an apparent top.

Last week he announced an activist stake in XPRT, a company that provides expert legal services.

Specifically, his T2 partners owns a 5.24% stake in the company.

Today it’s getting crushed (via @pragcapitalist). It announced a credit event that may leave equity holders with nothing.

The stock is off 80%. It’s not a massive amount of money for Tilson because the company is so small, but it is yet another high-profile embarrassment.


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