Motorola’s sweet government contracts are at risk: investor

Andrew Left has found yet ano😼ther company whose stock he thinks will get walloped by President Trump.

The activist short-seller behind Citron Researc💃h attacked Motorola Solutions in a🎀 report Tuesday, saying that the company’s profits are mostly derived from selling overpriced handsets to emergency first responders in the US.

Citing Trump’s campaign promise to go out to bid “virtually every facet of our government,” Left believes that the days of Motorola’s near-monopoly☂ status with US first responders may be coming to an end.

As evidence of Motorola’s price-gouging in the US, Left said that 🌳Motorola’s prices in theꦑ European Union are a fifth of what they are domestically.

With a mix of government scrutiny and increased competition, Motorola’s profits could fall by n🌠early 40 percent and its stock, which had been trading around $82, could fall to $45, Left said.

Motorola �🤡�refuted Left’s claims in a statement Tuesday.

“Citron hasꦜ made numerous false and misleading statements and w🏅e strongly disagree with the assertions made by this short-seller,” Motorola said.

The company maintained ไthat it has been successful in getting government contracts in a “robust competitive bidding processes”🐠 because its products are the “most reliable.”

Shares fell more than 5 percent in intraday 𓄧trading, touching below $7♌7.

Lef💟t recently attacked pharmacy-benefit manager Express Scripts and aerospace company Transdigm as other firms that could be hurt by Trump’s policies.