With short seller “investigative reports,” tightly spun narratives set public opinion that can crash a stock by the end of the day. Shouldn’t a company’s valuation be based on the performance of finished product and meeting production timelines? Asking for Lordstown Motors.
Celadon Officials Charged in $60 Million Fraud Scheme
The former COO and CFO of the Celadon Group have been charged in a fraud scheme that resulted in a loss of more than $60 million in shareholder value.