Muddy Waters' Carson Block Steps Up Attack on NQ Mobile (NQ)
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Go back to Muddy Waters' Carson Block Steps Up Attack on NQ Mobile (NQ)
November 5, 2013 10:02 AM EST
NQ Mobile (NYSE: NQ) shares are getting slammed Tuesday as lead underwriter Piper Jaffray has suspended coverage on the company.
Piper led NQ Mobile's (formerly known as Netqin Mobile) May 2011 IPO. Co-underwriters were Canaccord Genuity and Oppenheimer.
Prior to suspending... More
November 1, 2013 1:28 PM EDT
(Updated - November 1, 2013 1:34 PM EDT)
NQ Mobile Inc.'s (NYSE: NQ) Co-CEO Khan told BTV the company's revenue is real. He said term deposits are validated, and he called accusations laughable. Comments that the company will be desisted are "absurd."... More
November 1, 2013 11:21 AM EDT
NQ Mobile Inc. (NYSE: NQ) Active, Shares Decline... More
November 1, 2013 10:33 AM EDT
Muddy Waters Carson Block spoke on Bloomberg TV today about NQ Mobile (NYSE: NQ).
Block noted that Muddy Waters caught NQ Mobile in at least two lies: about Xu Rong's involvement and the identification NQ"s of second, third... More
November 1, 2013 9:30 AM EDT
NQ Mobile Inc. (NYSE: NQ) has completed the transfer of approximately an additional RMB 80 million (approximately USD $13 million) of NQ Mobile's term deposits formerly held at Bank of Jiangsu to the Company's account at Standard Chartered Bank (the "Standard Chartered Account"). Including all... More
November 1, 2013 9:19 AM EDT
NQ Mobile (NYSE: NQ) announced that the Independent Special Committee of its Board of Directors has retained the global law firm of Shearman & Sterling LLP to advise it in connection with its independent review of the allegations raised in a report issued by a short-seller research company... More
