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Short Seller Accuses TransMedics Of 'Mafia Style' Scheme, Organ Transplant Company Says Short Seller Manipulating Market
Monday, January 13, 2025 - 1:25pm | 626Scorpion Capital, on Friday, disclosed a short seller report on TransMedics Group Inc (NASDAQ:TMDX), accusing the organ transplant technology company of fraudulent practices, including kickbacks, billing fraud and unreported device failures. Scorpion alleges that TransMedics engages in “...
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Ginkgo Bioworks Stock Drops 20% After Short Sellers Call Company A 'Colossal Scam'
Wednesday, October 6, 2021 - 12:37pm | 527Shares of synthetic biology company Ginkgo Bioworks Holdings Inc (NYSE: DNA) traded lower by more than 20% on Wednesday. What Happened? In a new report, Citron Research editor Andrew Left said called Ginkgo "a scheme” and said the company’s recent $24 billion valuation is...