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NMC Health Shares Slump; Muddy Waters Says It’s Short the Stock
NMC Health Shares Slump; Muddy Waters Says It’s Short the Stock
17 Dec 2019, 05:33 PM IST
(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
To contact the reporters on this story: Lisa Pham in London at lpham14@bloomberg.net;Filipe Pacheco in Dubai at fpacheco4@bloomberg.net
To contact the editors responsible for this story: Beth Mellor at bmellor@bloomberg.net, Morwenna Coniam
©2019 Bloomberg L.P.
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