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Tuesday, April 04, 2017 3:28:12 PM
FleetCor Technologies (FLT -4.6%) after Citron Research issues a bearish report that says the company's stock price should sink to $100 "as the truth... becomes more apparent to regulators and its customers."
FLT is "a predatory company by design, whose core strategy is to methodically rip off its customers, using business practices and fees that are designed to deceive," according to the report.
Citron says competitor WEX (WEX -1.2%), which has a broader distribution gas station network, has customer fees that are only 12% of revenue, compared to FLT's fees which are a "staggering" 56% of revenue.
Recent FLT News
- FLEETCOR Announces Rebranding to Corpay • Business Wire • 03/25/2024 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/09/2024 12:14:30 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/07/2024 11:11:09 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/07/2024 11:06:55 PM
- FLEETCOR Announces Rebranding to Corpay • Business Wire • 03/07/2024 01:00:00 PM
- FLEETCOR Invests in Brazilian Vehicle Payments Company • Business Wire • 03/06/2024 09:05:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/05/2024 10:58:21 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/04/2024 11:32:25 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/04/2024 06:08:57 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/29/2024 10:10:42 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/20/2024 01:55:58 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/17/2024 12:45:38 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/17/2024 12:42:29 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/17/2024 12:41:55 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/17/2024 12:41:13 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/17/2024 12:37:12 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/17/2024 12:33:42 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/17/2024 12:29:52 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/17/2024 12:23:58 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/17/2024 12:21:39 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/17/2024 12:03:05 AM
- FLEETCOR to Participate in Upcoming Investor Conferences • Business Wire • 02/16/2024 01:59:00 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/15/2024 10:54:10 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/07/2024 09:19:09 PM
- FLEETCOR® Reports Fourth Quarter and Full Year 2023 Financial Results • Business Wire • 02/07/2024 09:05:00 PM
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