2CRSi slides 34% as trading resumes after short-seller attack
BUZZ-2CRSi slides 34% as trading resumes after short-seller attack Recasts throughout, updates share move in the first bullet point, adds details in bullet point 5
** Shares in French IT hardware maker 2CRSi AL2SI.PA tumble 34% after trading in the shares resumed on Monday
** The stock extends the 43% losses incurred last Thursday before it was suspended from trading, after Grizzly Research said it had taken a short position in the stock
** In a statement published after market close on Friday, the company rejected, among other assertions, the short seller's claim that its revenues were fabricated
** Including Monday's losses, 632 million euros has been wiped off 2CRSi's market capitalization since publication of Grizzly Research's report, according to LSEG data
(Reporting by Lucie Barbier)
((Email: lucie.barbier@thomsonreuters.com))
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