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Tag: Gotham

Spanish Healthcare Firm Grifols Hit With New Gotham City’s Short Report, Faces Questions Regarding Transparency, Integrity, Ethical Conduct

Grifols SA (NASDAQ:GRFS) shares are down on Wednesday following the publication of a new report by Gotham City Research questioning the company’s “transparency, integrity and ethical conduct.” Grifols had previously denied Gotham City’s accusations, as per its February SEC filing, saying it had already replied to all of the questions raised in the latter’s reports. Grifols claimed in its public […]

Factbox-What does the Gotham City report say about Grifols?

By Nell Mackenzie LONDON (Reuters) – Shares in Grifols fell as much as over 40% on Tuesday, wiping $3.83 billion off its market value, after hedge fund Gotham City Research questioned its accounting, prompting the Spanish drugmaker to “categorically” deny any wrongdoing. Below are some of the main points from the report and company comments […]

Grifols Sinks as Short Seller Gotham Criticizes Accounting

(Bloomberg) — Spanish blood plasma firm Grifols SA tumbled after short seller Gotham City Research LLC published a report criticizing its financial reporting. Most Read from Bloomberg The stock sank 33% after a delayed start to trading in Madrid and its bonds also slumped. The company, which now has a market value of €5.8 billion […]