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Hunterbrook Capital discloses short position in Meta, citing an 8.1% week-over-week decline in Muse downloads
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Hunterbrook said growth in DAUs has slowed from an average daily net increase of 198,000 in late September to just 74,000 in the first week of October.
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Additionally, combined Android and iOS reviews averaged about 674 a day in the week ending October 7, down 11.6% from the prior week.
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Hunterbrook cited data from TickerTrends, which correctly predicted that OpenAI’s run-rate annual revenue was $50 billion last month.
