What's Going On With FingerMotion Stock Today?
Portfolio Pulse from Ryan Gustafson
FingerMotion, Inc. (NASDAQ:FNGR) shares are trading higher after the company responded to a short seller report by Capybara Research, which it described as containing errors and inaccuracies. The company's management and Board of Directors plan to continue reviewing the report and take necessary actions to protect shareholder interests. FingerMotion recently filed a Form S-3 registration statement for $300 million of securities, of which $25 million has been allocated to an at-the-market offering.

October 04, 2023 | 7:18 pm
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FingerMotion's stock is trading higher after the company responded to a short seller report by Capybara Research. The company also filed a Form S-3 registration statement for $300 million of securities.
The company's strong response to the short seller report and the filing of a Form S-3 registration statement for $300 million of securities have likely boosted investor confidence, leading to a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100