Globe Life stock drops 50% because a short-seller alleged insurance fraud ...Middle East

Quartz - Economy
Globe Life stock drops 50% because a short-seller alleged insurance fraud
source : Quartz ( Middle East ) () 127
Shares of Globe Life, one of Texas’ largest insurance providers, dropped more than 50%, following a short position taken by Fuzzy Panda Research that alleged potential fraud at the company. Globe Life denied the allegations, and the stock recovered some of itslosses Friday morning.Read more...

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