- Entry
- $53.00
- Now
- $67.01 +26.4%
- Target
- —
- Score
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RingCentral (Ticker: RNG) just published earnings yesterday after market close and they just beat + raised guidance for the second time this year, while stock has 11% short interest. Revenue growth is accelerating again, margins are improving, debt was reduced, SBC was reduced, dividend was increased, cash flow increased. They are ahead of their guidance in almost every single metric. Lets see how short sellers will react to that. I think theres a good chance share price moves up 40-50% …
— ORIGINAL POST ·
RingCentral (RNG) with 11% short interest, just released beat and raise earnings
· r/smallstreetbets
· Jul 24, 2026