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NQ Mobile +30% Following Independent Committee Report; Muddy Waters Responds
Wednesday, June 4, 2014 - 9:19am | 390Read More...One of the New York Stock Exchange’s most volatile stocks is once again making the biggest move of the day. NQ Mobile (NYSE: NQ) depository shares are up more than 30 percent after the company announced that the special committee's independent investigation did not find any evidence...
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Market Wrap For April 30: Markets Positive Despite Fed Tapering and GDP Rising Less Than Expected
Wednesday, April 30, 2014 - 4:35pm | 3030Read More...U.S. stocks rose as investors cheered the latest move by the Federal Reserve who stacked on another $10 billion to its tapering effort. By doing so, the central bank has lowered its asset purchases to $45 billion per month. “Information received since the Federal Open Market Committee met in...
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NQ Mobile: Was Muddy Waters Wrong This Whole Time?
Wednesday, April 30, 2014 - 11:13am | 521Read More...An independent investigation led by accounting giant Deloitte and law firm Shearman & Sterling have thus far found no evidence that NQ Mobile (NYSE: NQ) has engaged in any fraudulent activity. The independent investigation stemmed from accusations by Muddy Waters, an investment research firm...
