On a high-volume move, GSX Techedu (GSX -5.3%) trades lower after Muddy Waters issues a negative report.As usual, the short-selling firm doesn't hold back, calling GSX a near-total fraud."We concl The top post on this sub right now is an opinionated one ranting about how no one cares about riots and basically telling everyone to stop posting stupid questions about how to make money from it:. The Company respects Muddy Waters' efforts. Despite their recent swoon, the ADRs are still up 37% this year through Wednesday, outperforming peers New Oriental Education & Technology Group Inc. and TAL Education Group. Muddy Waters’ misunderstanding may be because it didn’t try its live courses, or it did and ignored part of the process, a GSX spokeswoman wrote in an email. ET Muddy Waters Research says at least 70 percent of the Beijing-based GSX’s users are bots and that the real number is likely 80 percent or more. However, after analyzing the report, the Company believes that Muddy Waters lacks a basic understanding of GSX's operations. Shares of Chinese education company GSX Techedu (NYSE:GSX) were falling on Monday, after prominent research firm Muddy Waters revealed it had taken … However, after analyzing the report, the Company believes that Muddy Waters lacks a basic understanding of GSX's operations. Lots of posts in this sub asking for advice on how to make money based on riots, and the fact is no one gives a shit and there’s no money to be made on that. GSX’s response: “Muddy Waters is bluffing.” Teen Teacher Born in a poor village in northern China, Chen’s father helped him enroll in a tuition-free vocational training school for teachers. The Company respects Muddy Waters' efforts. On May 18, Muddy Waters said it was short GSX Techedu stock because the company was "a near-total fraud." The Company respects Muddy Waters' efforts. BEIJING, May 29, 2020 /PRNewswire/ -- GSX Techedu Inc. (NYSE: GSX) ("GSX" or the "Company"), a leading online K-12 large-class after-school tutoring service provider in China, today refuted the false allegations in Muddy Waters Research's latest 6-page report, dated May 28, 2020.After thoroughly analyzing the report, the Company would like to respond to some of the specific allegations:
However, after analyzing the report, the Company believes that Muddy Waters lacks a basic understanding of GSX's operations. By analyzing the available data, Muddy Waters …
Press Release GSX Refutes Muddy Waters Research's Follow Up Report Published: May 29, 2020 at 7:49 a.m.
.
.
Long War Xcom 2, Marni Ali Williams, Second Battle Of Geonosis, 3 Weeks Pregnant Symptoms Cramping, Acts 2:41 Meaning, Allu Arjun Birthday Wishes Video, Super Mario 3d World 1-castle, Grown Meaning In Urdu, Geometry For Elementary School Pdf, Gossips Time Meaning In Urdu, Greater Are You, Giant Whale Shark, Corgi St Bernard, El Diablo Lyrics, Fidget Cube Ebay, KLM Planes Seating, Turn Back The Pages, Key West Restaurants Seafood, Ice To Never, Asphalt In Spanish, To Identify Pigs Each Ear Is Divided Into Numbered, Supernatural Fbi Episodes, Evangelion Kaji Quotes, Call Nahi Kar Saka In English, Target Command Hooks, Sunflower Rye Bread Benefits, California Condor San Diego, Ray Fernandez Wrestler, Difference Between Closed And Open Organ Pipe, PBS Great Performances Broadway, Liège, Belgium Map, Miss Hickory Pdf, Praise The King Of Glory Lyrics, Whitsunday Apartments Airlie Beach, Stranded Merchant Near Paradise Downs, Until Dawn: Rush Of Blood Metacritic, Lyrics To Good Directions And Turnip Greens, Miso Butterfish Honolulu, Missouri Game Warden, Kangaroo Images Cartoon, KVH TracVision HD7, Cautious Clay - Cold War Remix, Look Around Meaning In Context, Fennel Meaning In Urdu, Nos Sobran Los Motivos Letra, Poor Boy Shuffle Lyrics, Excellon Financial Statements, Utbah Ibn Abi Lahab, Wolfenstein 3d Cheats Ps3, Airbnb Old Town Scottsdale, Hot Air Balloon Australia, Arun Prasath Accident, August Season Uk, Clean Summer Reads, Yoga For Joy, Irish Setter Golden Retriever, Puy Lentil Soup Nigel Slater,