NMC Health Shares Slump; Muddy Waters Says It’s Short the Stock

(Bloomberg) -- NMC Health shares tumble as much as 20%, most on record, after Carson Block’s Muddy Waters says it’s shorting the stock because of concerns about the company’s financial statements, according to a report on its website.

• Representatives for the company didn’t immediately respond to a request for comment
• NOTE: Short interest was at ~25% of free float as of Dec. 13: IHS Markit Ltd.
• NOTE: Block told CNBC earlier this week that he’s still short Burford Capital

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