2CRSi seen down 21%, halted at open after response to short-seller report
22/06/2026 08:59
BUZZ-2CRSi seen down 21%, halted at open after response to short-seller report ** Shares in 2CRSi AL2SI.PA, halted at the open, were seen down 21% after the French IT hardware maker responded on Friday after market close to U.S.-based short seller Grizzly Research's report
** In its response, the group, among others, rejected Grizzly Research's claim that its revenues were fabricated
** 2CRSi, whose shares were suspended from trading on Friday, said the stock would resume trading at the open of the Paris market on Monday
** The shares fell 43% last Thursday, wiping €433.9 million off 2CRSi's market capitalization after Grizzly Research said in a statement that it had taken a short position in the stock
(Reporting by Lucie Barbier)
((Email: lucie.barbier@thomsonreuters.com))
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