The stock value of NQ Mobile almost halved on Wednesday following publication of a Muddy Waters report claiming 'NQ is a massive fraud' and that its market share in China is near 1.5% rather than the 55% claimed by NQ.
via Infosecurity - Latest News http://www.infosecurity-magazine.com/view/35265/share-value-of-nq-mobile-plummets-on-muddy-waters-fraud-report/
via Infosecurity - Latest News http://www.infosecurity-magazine.com/view/35265/share-value-of-nq-mobile-plummets-on-muddy-waters-fraud-report/
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