NQ Mobile has been on an impressive run since Muddy Waters published a scathing report that halved the company's market capitalization. Funds are trying to capitalize on it, as billionaire Steve Cohen got burnt buying the stock on the way up.
NQ Mobile Rallies 80% As Billionaire Steve Cohen's SAC Capital Gets Burned
Forbes - 31 Oct 2013 20:32
NQ Mobile has been on an impressive run since Muddy Waters published a scathing report that halved the company's market capitalization. Funds are trying to capitalize on it, as billionaire Steve Cohen got burnt buying the stock on the way up.
Share this Article
Comment on this Article
Recommended
Please to comment