NQ Mobile (NQ) Forms Independent Special Committee
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NQ Mobile (NQ) Confirms Suing Muddy Waters in China
October 29, 2013 2:42 PM EDTNQ Mobile (NYSE: NQ) confirmed it is suing Muddy Waters in phone interview with Bloomberg. The statement follows reports out of China on Tuesday morning. Muddy Waters said it has no direct knowledge of the lawsuit.... More
NQ Mobile (NQ) Sues Muddy Waters in Beijing
October 29, 2013 9:35 AM EDTNQ Mobile (NYSE: NQ), a Chinese mobile internet company targeted by short seller Muddy Waters, has filed suit in a Beijing court, according to reports in Caijing.... More
Shorts Celebrate as NQ Mobile (NQ) Erases Early Gains
October 28, 2013 11:26 AM EDTDespite receiving some positive reinforcement from Macquarie earlier, NQ Mobile Inc. (NYSE: NQ) has lost all of its early gains and its down double-digit percentages.... More
NQ Mobile (NQ) Defended at Macquarie
October 28, 2013 8:58 AM EDTMacquarie maintained an Outperform rating on NQ Mobile (NYSE: NQ) with a price target of $26.00. Comments follow a sharp decline in the wake of a negative report by Muddy Waters Research. Analyst Jiong Shao called a recent 56% decline in the stock a "rare... More
NQ Mobile (NQ) Remains Buy at Canaccord Genuity
October 25, 2013 3:19 PM EDTCanaccord Genuity maintained a Buy rating on NQ Mobile (NYSE: NQ) with a price target of $29.00. Analyst T. Michael Walkley continues to view the company as well positioned in mobile security and applications.
For an analyst ratings summary and ratings... More
Topeka Capital Maintains Buy on NQ Mobile (NQ)
October 25, 2013 1:52 PM EDTTopeka Capital maintained a Buy rating on NQ Mobile (NYSE: NQ) with a price target of $33.50.
Analyst Frederick Ziegel said, "NQ Mobile conducted a very lengthy conference call this morning to address the assertions made in a report published by Muddy... More
Muddy Waters Responds to NQ Mobile (NQ) Rebuttal on Twitter
October 25, 2013 9:07 AM EDTMuddy Waters is responding in real-time on Twitter to NQ Mobile (NYSE: NQ) rebuttal of its 'Strong Sell' rating and fraud call.
Net revenue comment is BS. Business Tax makes clear that YDT's gross rev (before paying customers) is far... More
NQ Mobile (NQ) Responds to Muddy Waters' Allegations; Offers Table of Deposits
October 25, 2013 8:30 AM EDTNQ Mobile (NYSE: NQ) responded to the allegations raised in a research report by Muddy Waters dated October 24, 2013. The company believes that the allegations and accusations set forth in the Muddy Waters report (the "Report") are false and inaccurate and contain numerous errors of facts, misleading speculations and malicious interpretations of events. Further, the allegations fail to take into account various factors necessary to understand the matters addressed. Finally, the Report makes many misrepresentations about the company, its management team, as well as misrepresentations about its products, business practices and how it interacts with... More
NQ Mobile (NQ) Holding 8:30AM Conference Call
October 25, 2013 7:25 AM EDTAfter getting clobbered nearly 50% on Thursday amid a new 'Strong Sell' rating from Muddy Waters, NQ Mobile (NYSE: NQ) said it will hold a special conference call prior to market opening today with investors and mobile industry analysts to address what it calls "false... More
Oppenheimer Downgrades NQ Mobile (NQ) to Perform
October 25, 2013 7:04 AM EDTOppenheimer downgraded NQ Mobile (NYSE: NQ) from Outperform to Perform.
For an analyst ratings summary and ratings history on NQ Mobile click here. For more ratings news on NQ Mobile click here.
Shares of NQ Mobile closed at $12.09 yesterday, with a 52 week range of $5.07-$25.90.... More
NQ Mobile (NQ) Refutes 'False Allegations'
October 24, 2013 3:29 PM EDTNQ Mobile (NYSE: NQ) takes any false allegations regarding our business extremely seriously. NQ Mobile will respond quickly, transparently and forcefully to these false allegations regarding our company. The Company will issue a more detailed response before the market open in the U.S. on Friday, October 25.... More
Gotham City Research Also Cautious on NQ Mobile (NQ) Amid Muddy Waters Intiiation
October 24, 2013 2:39 PM EDTNQ Mobile (NYSE: NQ) is also being mentioned cautiously by Gotham City Research today.
On its official Twitter account, GCR said that it was preparing to publish an initiation report, thinking that the... More
NQ Mobile (NQ) trading halted with news pending
October 24, 2013 2:13 PM EDTNQ Mobile (NYSE: NQ) trading halted with news pending.... More
NQ Mobile (NQ) Slammed, Peers on Watch as Muddy Waters Zeroes In (QIHU) (FENG)
October 24, 2013 2:11 PM EDTChina Internet names are on watch as NQ Mobile (NYSE: NQ) drops Thursday.
Qihoo 360 (Nasdaq: QIHU), Baidu (Nasdaq: BIDU), and Phoenix New Media (NYSE: FENG) are some peers to keep an eye on.
NQ Mobile shares fell Thursday after Muddy Waters... More
NQ Mobile Inc. (NQ) resumes trading after 6th circuit breaker halt. Last down 50%
October 24, 2013 2:07 PM EDTNQ Mobile Inc. (NYSE: NQ) resumes trading after 6th circuit breaker halt. Last down 50%. Was down 50.7% before the halt.... More
