Muddy Waters Issues Negative Note on Focus Media (FMCN); Stock Down 24%
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Shares of Focus Media (Nasdaq: FMCN) are sinking even further in mid-day trade as Muddy Waters has just issued a negative note on the stock. The firm has started coverage on the stock with a "Strong Sell" rating.
Focus Media shares are now down about 24 percent.
Focus Media shares are now down about 24 percent.
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