This morning, other companies that have been targeted by Gotham City previously are feeling the pressure.
In February, Gotham City issued a report that said 60% of Blucora's revenue will evaporate in the coming quarters. Since that report, Blucora's shares are down more than 20%.
Last year, Gotham City also published critical reports on The Tile Shop and Ebix.
Gotham City said Tile Shop shares are worth no more than $3.34; shares of Tile Shop are currently trading at about $14.40, but are down more than 30% since Gotham City's report.
In September, Gotham City also filed a follow-up report on Ebix which it said uncovered new accounting irregularities. In June 2013, Gotham City said Ebix shares are worth no more than $8, and are likely headed to $0.
Since Gotham's first Ebix report, the stock is down nearly 30%.
Let's Gowex had a market cap of about €1.43 billion. Each of Blucora, Tile Shop, and Ebix are smaller than $700 million and are relatively lightly traded, and as a result could be susceptible to increasing concern from investors after Gotham nailed Let's Gowex.
In morning trade, shares of Blucora were down 1.4%, Tile Shop shares were down 1%, and Ebix shares were down more than 2.5%.
Here's the chart for those stocks in morning trade.
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