Anta Targeted by Short Seller
Blue Orca Capital sent shares in the huge Chinese sneaker brand falling last week with a presentation calling into question the company’s accounting and corporate governance, Bloomberg reported. Anta’s board responded, calling the allegations inaccurate and misleading in a clarification letter, and the stock recovered most of its decline. This isn’t the first time short sellers have tried to cast doubt on the legitimacy of the fast growing and ... Log in to view full article.