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Hindenburg Research's Short Report Sends Freedom Holding Stock Plummeting

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Source: Seeking Alpha
Hindenburg Research's Short Report Sends Freedom Holding Stock Plummeting
Photo: Seeking Alpha
TL;DR

Freedom Holding (NASDAQ:FRHC) saw a 3.4% decline in its stock price following a new short report from Hindenburg Research, which alleges that the online brokerage may be skirting regulations. Freedom Holding has responded, stating that the claims are without merit and that it continues to provide all required disclosures to regulators and investors. The company is also facing non-compliance with Nasdaq's listing rule due to its failure to timely file its quarterly report.

Topics:businessfinance#compliance#finance#freedom-holding#hindenburg-research#online-brokerage#short-report
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  1. Freedom Holding stock plunges amid new short report from Hindenburg Research  Seeking Alpha
  2. Hindenburg Research Reveals New Short Position on Freedom Holding (FRHC)  Bloomberg
  3. Freedom Holding (NASDAQ:FRHC) Tanks After Hindenburg Short Report - TipRanks.com  TipRanks
  4. Short seller Hindenburg targets Kazakhstan-based Freedom  CNA
  5. View Full Coverage on Google News

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