Quindell PLC (QPP) Responds To Report, But Fails To Convince Investors
After Gotham City Research released a scathing report on Quindell PLC (LON:QPP) (OTCMKTS:QUPPF) questioning the company’s earnings and setting a price target of 2p, Quindell saw its stock price quickly drop from 39p to less than 24p. Two days later, it has come back with a detailed refutation of Gotham City’s allegations, but its complicated rebuttal leaves the impression that a thorough . . .
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