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Muddying the waters (again): NMC

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yorkshirelad1
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Muddying the waters (again): NMC

#271799

Postby yorkshirelad1 » December 17th, 2019, 6:09 pm

Some will remember Muddy Waters in relation to Burford Capital.

It seems Muddy Waters are having some more action:

http://finance.digitallook.com/news/30009996/London_close_Drop_in_Sterling_limits_weakness_in_shares.html

In equity markets, shares of Abu Dhabi-based healthcare centre operator NMC Health tumbled after research firm Muddy Waters said it was short the stock as it has "serious doubts" about the company's financial statements and reckons it has manipulated its balance sheet to understate debt.

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