Citron turns spotlight on Mallinckrodt, shares plunge
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/25/2026
- Wall St set for higher open after Micron revives AI optimism, upbeat economic data
- Micron posts record profit as AI memory demand fuels explosive growth
- Brent settles at lowest since before start of Iran war as more tankers exit Hormuz
- IBM surges on unveiling sub-1nm chip technology breakthrough
- 'Long-term deals significant positive for stock:' Analysts react to Micron results
Stressed Mallinckrodt (MNK) SOTP Suggests $70-$90/Share, Jefferies Says
November 10, 2015 7:24 AM ESTJefferies analyst Anthony Petrone provided stress test assumptions on Mallinckrodt plc (NYSE: MNK) following Citron Research short seller allegations.
Petrone notes shares were pressured on two items:
1) Concerns around the companys business model; and
2) Results of a pilot H.P. Acthar Gel presented at the ACR meeting.
The analyst highlighted the following:
Knowns on Acthar pricing and... More