Focus Media (FMCN) Shares Rallying, Now Up 3%; Block Says Co. Not Total Fraud
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Focus Media (Nasdaq: FMCN) shares have turned well into positive territory amid Carson Block comments on CNBC. The short seller said Muddy Waters is not calling Focus Media a total fraud.
Prior to Block's appearance, the stock was down 6.5 percent; shares are now up 3 percent to $17.50.
Prior to Block's appearance, the stock was down 6.5 percent; shares are now up 3 percent to $17.50.
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