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MUXVery BearishM&Anews
Low materiality3/10

Listed German private-equity firm tumbles after Gotham City short-sale report - MarketWatch

Sep 26, 2024, 5:51 AM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

Mutares shares fell 23% following a short-selling report by Gotham City Research. The report alleged accounting irregularities and heavy reliance on debt. Gotham City ranked among top activist short-sellers in the first half of the year.

  • Mutares shares fell 23% following a short-selling report by Gotham City Research.
  • The report alleged accounting irregularities and heavy reliance on debt.
  • Gotham City ranked among top activist short-sellers in the first half of the year.

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