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MiMedx: Latest Short Seller Accusation 'Unsubstantiated,' Intended To Manipulate Stock Price
Friday, February 16, 2018 - 5:41pm | 298MiMedx Group Inc (NASDAQ: MDXG) shares closed down 6.6 percent Friday after Aurelius Value revived an old offensive and accused the firm of “serious and pervasive fraud” in an open letter to auditors. Management responded to claims with counter-allegations of price manipulation. “...
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Exclusive: Energous CEO Shares Update On Financials, Dialog Semi And Apple Rumors
Wednesday, February 8, 2017 - 9:26am | 851Roughly three months ago, Energous Corp (NASDAQ: WATT) and Dialog Semiconductor plc entered into an agreement where the latter would acquire about $10 million of the former’s stock. Following the event, Benzinga had the chance to chat with Energous’ CEO Stephen Rizzone, who shared some...
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Exclusive: Energous CEO Responds To Short-Seller Allegations, Says 'Their Only Purpose Is To Get Rich'
Monday, February 6, 2017 - 4:49pm | 1136A couple of weeks ago, Benzinga talked with Energous Corp (NASDAQ: WATT)’s CEO Stephen Rizzone, who discussed the company’s new partners and its product cycles, and even presented nine wirelessly-charging products that use the WattUp technology. However, we determined we couldn't just...
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Shorts Are Abandoning Stocks Here
Monday, December 14, 2015 - 7:53am | 573European Central Bank (ECB) President Mario Draghi disappointed global financial markets earlier this month by merely cutting the ECB's deposit rate to -0.3 percent while announcing a six-month extension of the ECB's 60 billion euros a month quantitative easing regime. Markets were hoping...
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What To Do With Stock Weakness?
Tuesday, August 2, 2011 - 10:35pm | 795Now that the debt ceiling had been raised, we are finally seeing some weakness in stocks, with S&P down more than 3% since a deal between the Senate and the House was reached on Sunday. While some people might see this as a big drop, S&P actually is just back to the beginning of the year,...