Friday, November 22, 2024

Grifols’ shares plunge further on short-seller’s new report

Must read



Grifols shares plunged by a further 14% on Wednesday following publication of another report from short seller Gotham City Research, raising additional questions about the Barcelona medicine maker’s “transparency, integrity, and ethical conduct.” 

Grifols’ share price previously fell more than 40% in January after the short-seller Gotham posted a report on January 9 claiming the Spanish blood-plasma products maker had manipulated its balance sheets to lower its debt to earnings ratios. 

Now,…

Master your money.

Subscribe to MarketWatch.

Get this article and all of MarketWatch.

Access from any device. Anywhere. Anytime.


Subscribe Now



Source link

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article