Globe Life Inc. (GL) shorted by Fuzzy Panda Research
Apr 17, 2024 14:45:45 GMT
icemandios likes this
Post by lookingforatenbagger on Apr 17, 2024 14:45:45 GMT
The Motley Fool, April 17, 2024:
"Globe Life (NYSE: GL) stock plummeted by more than 53% in a single day last week after short-seller Fuzzy Panda Research accused the life insurance company of fraud."
www.fool.com/investing/2024/04/17/billionaire-warren-buffett-recently-eliminated-thi/
The share price closed FY23 at $121.23 and closed at $113.88 on April 1st. The day before Fuzzy Panda's accusation it closed at $104.93. The next day the share price hit a mid day low of $38.95 and closed at $49.17 on April 11th. Today it is trading ~$63.
"Globe Life (NYSE: GL) stock plummeted by more than 53% in a single day last week after short-seller Fuzzy Panda Research accused the life insurance company of fraud."
www.fool.com/investing/2024/04/17/billionaire-warren-buffett-recently-eliminated-thi/
The share price closed FY23 at $121.23 and closed at $113.88 on April 1st. The day before Fuzzy Panda's accusation it closed at $104.93. The next day the share price hit a mid day low of $38.95 and closed at $49.17 on April 11th. Today it is trading ~$63.
