$BRCC earnings report showed its core DTC business has slowed to no growth and that management cannot effectively control costs.

The stock is now down almost 50% since my report highlighting major issues facing the business and went below the $9.5 price target I modeled earlier today.

While my price target has been lowered since publishing, the risk/reward to be short is no longer as dramatically appealing as it was when I first released my analysis. My updated end of 2023 price target is $7.5 at this time

You can read the full initial report here: https://dueyourdiligence.substack.com/p/wall-street-is-missing-black-rifle?s=r