Shares of CleanSpark Inc. CLSK,
it fell 9.3% in Thursday afternoon trading, setting them on the path for a fifth-straight loss. The energy and control technology software company has said it has “become aware” of a brief vendor’s report that has made “false” allegations against it and its officials. The five-day lost streak, in which the stock fell 34.7%, began on January 14, the same day Culper Research released a report saying it believed it was an “internal enrichment scheme”. is CleanSpark, which claims to be “very much drawn or just made with a key. elements of his business. CleanSpark said it would retain a law firm and would be “vigilant” in investigating sources of misrepresentation. previous disclosures, and will not tolerate unfounded and reckless claims against the company, “CleanSpark said in a statement. “The company will strongly and persistently defend itself against these actions and the kind of baseless allegations made by those behind the report. ”“ Despite recent sales, CleanSpark shares have risen 189.3% over the last three months, and the S&P 500 SPX,
has gained 12.3%.