FingerMotion Responds To Short Seller Report; Says We Believe That The Capybara Report Contain Many Errors, Unsupported Speculations And Inaccurate Interpretations Of Events; To Review And Examine Allegations
Portfolio Pulse from Benzinga Newsdesk
FingerMotion has responded to a short seller report by Capybara, stating that it contains many errors, unsupported speculations, and inaccurate interpretations of events. The company plans to review and examine the allegations.
October 04, 2023 | 1:18 pm
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NEUTRAL IMPACT
FingerMotion's response to the short seller report could potentially stabilize its stock price in the short term as it shows the company's commitment to transparency and accuracy.
FingerMotion's response to the short seller report shows its commitment to transparency and accuracy, which could potentially reassure investors and stabilize its stock price in the short term. However, the final impact will depend on the outcome of the company's review of the allegations.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100