Focus Media (FMCN) Moves Off "Muddy Waters" Lows Into the Close
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Although still down 40 percent, shares of Focus Media Holding Ltd. (Nasdaq: FMCN) are well off the lows into the close.
After hitting an intra-day low of $8.79, shares are now trading at $15.50.
Earlier, Muddy Water made Focus Media its latest victim, calling it the 'Olympus of China."
After hitting an intra-day low of $8.79, shares are now trading at $15.50.
Earlier, Muddy Water made Focus Media its latest victim, calling it the 'Olympus of China."
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