On the fly News and insights, exclusive to thefly.com

GSX

Symbol now GOTU

$139.50 /

+8.18 (+6.23%)

, BABA

Alibaba

$256.65 /

-9.03 (-3.40%)

 10:49
08/07/20
 08/07
10:49
 08/07/20
10:49

Citron adding to GSX Techedu short position, calls 'stock fraud'

Citron Research said via Twitter, "My children love TikTok, We own $BABA, but $GSX continues to be a stock fraud. Using this opp. to add to a position. Confidence in the auditors/regulators. Look at the chart on Wirecard you will know that shorting isn't easy but neither is maintaining fraudulent financials." Shares of GSX Techedu (GSX) are up $5.70 to $136.97 in morning trading.

GSX

Symbol now GOTU

$139.50 /

+8.18 (+6.23%)

 BABA

Alibaba

$256.65 /

-9.03 (-3.40%)

  • 14

    Sep

  • 21

    Nov

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.