Watching Lixte Biotechnology; White Diamond Research Posts On X "BREAKING NEWS: Lixte Biotechnology Lied: Its Publication Yesterday Isn't New – It's The Same One They Published Over A Year Ago"
Portfolio Pulse from Benzinga Newsdesk
White Diamond Research accused Lixte Biotechnology of misleading the public by republishing an old publication as if it were new. The claim was made on X (formerly known as Twitter) and detailed on their website.
March 28, 2024 | 3:38 pm
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Lixte Biotechnology faces accusations from White Diamond Research of republishing old data as new, potentially misleading investors.
The accusation by White Diamond Research that Lixte Biotechnology republished old data as new could significantly impact investor trust and perception of the company's integrity. This negative publicity, especially if it gains traction, is likely to lead to a short-term decline in LIXT's stock price due to potential concerns over transparency and corporate governance.
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IMPORTANCE 80
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