Gotham City strikes new

Gotham City Research, which specializes in exposing businesses, has hit the American web hosting company Endurance International Group (EIG), RBC reports . Prior to the scandal, the capitalization of the company, spinning on the Nasdaq, was $ 3 billion. After the publication of the exposing report, the company's shares began to become cheaper. The report said that the announced earnings of EIG were doubtful and the hosting management quietly got rid of a third of its stake.

In connection with the information revealed, the Endurance International Group quotes fell by 28%, and approximately one fifth of the capitalization of the cow was lost in tongue . The hosting company resisted as best it could, declaring that the claims in the report were groundless and did not correspond to the real state of affairs. Despite this, many investors believed that the stated price was $ 0. Now the stock price is $ 19.70. Prior to the publication of the report, EIG shares were trading at a record level of $ 23.32.
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In addition to the new victim, Gotham City dealt with five companies in a similar way. In July 2014, Gotham City bankrupt the Spanish WiFi provider Gowex.

In addition to Gotham City, there are other short selers in the state stock market. It is known that Muddy Waters Research in 2012 bankrupt the Sino-Forest Corp. Sino-Canadian Cellulose.