Muddy Waters Carson Block Causes Avalanche In Bank Of The Ozarks

Bank Of The Ozarks

shares are trading lower by $2 at $37.43 in Wednesday's session. However, it is well off its session low of $33.65. The slide to $33.66 was instigated by Muddy Waters, Carson Block, who stated his bearish thesis for the issue at the Ira Sohn conference. Black states large losses are on the horizon and the bank may need to raise capital in the not-so-distant future. The issue quickly rebounded from the spike low to $38.74 before turning lower once again.