Sarepta Therapeutics Drops on Fake Citron Tweet

Loading...
Loading...
Shares of Sarepta Therapeutics
SRPT
dropped briefly on Wednesday, giving back all their gains on the session, after a tweet from a twitter account called
@citronresearc
. The tweet states: "$SRPT FDA steps in as its 48 weeks results on Eteplirsen results are tainted and have been doctored they believe Trial papers seized by FDA." Given the twitter handle and picture of a yellow lemon, the account appears to be an impostor of
@citronresearch
, the twitter handle of
Citron Research
run by Andrew Left. Citron Research is a short seller that has targeted companies like Intuitive Surgical
ISRG
, Questcor
QCOR
and Usana
USNA
. The tweet from @citronresearc comes just one day after
someone pretending to be Muddy Waters
made statements critical of Audience
ADNC
.
Market News and Data brought to you by Benzinga APIs
Posted In: NewsShort SellersRumorsIntraday UpdateMovers
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...