Achtar

Experienced traders know that rumors don’t have to be true to move markets. Ever since a 2015 “60 Minutes” expose linking Lumber Liquidators Holdings Inc (NYSE: LL) products to cancer sent the stock crashing more than 75 percent, traders are on the lookout for any companies...

A spokesperson for Mallinckrodt PLC (NYSE: MNK) rejected on Friday an assertion by short-seller Jim Chanos, who said he was shorting both Mallinckrodt and Express Scripts Holding Company (NASDAQ: ESRX) because their alliance could hurt investors. Chanos slammed Mallinckrodt’s exclusive...