Ault Alliance Retains ShareIntel To Investigate Naked Short Selling Activity
Portfolio Pulse from Benzinga Newsdesk
Ault Alliance has contracted Shareholder Intelligence Services, LLC to investigate potential illegal short selling activities in its common stock.
July 28, 2023 | 10:33 am
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NEUTRAL IMPACT
Ault Alliance has engaged a service to investigate potential illegal short selling of its stock. This could lead to legal actions and potential volatility in the stock price.
The investigation into potential illegal short selling could lead to legal actions if any wrongdoing is found. This could cause volatility in the stock price as the market reacts to the news. However, the outcome and timing of the investigation are uncertain, hence the neutral score.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100