Focus Media (FMCN) Moves Off "Muddy Waters" Lows Into the Close
Tweet
Share
E-mailGet Alerts FMCN Hot Sheet
Join SI Premium – FREE
Although still down 40 percent, shares of Focus Media Holding Ltd. (Nasdaq: FMCN) are well off the lows into the close.
After hitting an intra-day low of $8.79, shares are now trading at $15.50.
Earlier, Muddy Water made Focus Media its latest victim, calling it the 'Olympus of China."
After hitting an intra-day low of $8.79, shares are now trading at $15.50.
Earlier, Muddy Water made Focus Media its latest victim, calling it the 'Olympus of China."
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- McEwen Copper seeks $1.6b in equity financing for Los Azules - Bloomberg
- Boeing-Lockheed space venture inks $1.5 billion private bonds - Bloomberg
- Airbus targets A350F maiden flight in September - Reuters
Create E-mail Alert Related Categories
Trader TalkRelated Entities
Muddy Waters LLCSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
