Thursday, May 24, 2018

Samsonite Plunges After Short Seller Questions Luggage Maker's Accounting

Shares of Samsonite International S.A. on Thursday saw their worst drop in years after a short seller issued a report critiquing the company’s business practices and its stock valuation. Samsonite’s Hong Kong-listed shares fell 9.8%, its biggest one-day drop since June 2012, after it was published.

from WSJ.com: US Business https://ift.tt/2IMXJDL
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