Reported 11 months ago
Eurofins Scientific SE dismissed allegations by Muddy Waters Research, causing its stock to plummet, and expressed confidence in its financial integrity. Despite the plunge, the stock rebounded with a 5% increase in Paris trading. The company defended its financial performance over two decades and its unique market positioning, vowing to work with auditors to disprove the claims. Eurofins faced similar criticism in the past but remains firm in its commitment to transparency and ethical practices.
Source: YAHOO