NQ Mobile (NQ) preliminary indicated to open at $8.11
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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
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
NQ Mobile (NQ) Resumes for Trading
October 25, 2013 1:53 PM EDTNQ Mobile (NYSE: NQ) has resumed trading. Shares down 8.6% from $12.09 pre-halt price.... 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
NQ Mobile (NQ) Trade Halt Code Updated
October 25, 2013 1:41 PM EDTNQ Mobile Inc. (NYSE: NQ) trading halt status just got updated to T2 - The news has begun the dissemination process through a Regulation FD compliant method(s).
Shares have been halted since yesterday after Muddy Water's 'Strong Sell' and fraud call.... More
Lawyers Already Circling NQ Mobile (NQ) Following Muddy Waters Report
October 25, 2013 12:20 PM EDTNQ Mobile Inc. (NYSE: NQ) is already seeing law firms looking to file class actions following a recent report from noted short-seller Muddy Waters.
Firms include:
* Levi & Korsinsky;
* Morgan & Morgan; and
* Zeldes Haeggquist & Eck, LLP.... More
NQ Mobile (NQ) Forms Independent Special Committee
October 25, 2013 10:19 AM EDTNQ Mobile (NYSE: NQ) announced that the Company's board of directors today formed an independent special committee to conduct an independent review of the allegations raised in a report issued by Muddy Waters dated October 24, 2013. The special committee is comprised of four independent... 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 Inc. (NQ) Rated Strong Sell at Muddy Waters
October 24, 2013 12:59 PM EDT(Updated - October 24, 2013 1:07 PM EDT)
NQ Mobile Inc. (NYSE: NQ) was rated Strong Sell by Muddy Waters Research. Researchers said the company was a "massive fraud" and a "zero." Its Antivirus 7.0 was called unsafe for sale and is considered "spyware." Paying... More
