ASP Isotopes slides after Fuzzy Panda takes short position

ASP Isotopes

26/11/2024 20:48

(Updates)
    ** Shares of ASP Isotopes  ASPI.O  drop 28.1% to $5.5,
hitting a four-week low
    ** Short-seller Fuzzy Panda says it is short on the advanced
materials firm; adds in a post on social media platform X that
ASPI has the "makings of the next nuclear meltdown"
    ** Short-seller alleges ASPI uses "failed tech from 20 years
ago and indulges in paid stock promotion"
    ** ASPI believes short-seller report includes "speculative
conjecture and claims that are inaccurate"
    ** Including session's losses, ASPI up more than 200% YTD

 (Reporting by Shashwat Chauhan and Kannaki Deka in Bengaluru)
 ((Shashwat.Chauhan@thomsonreuters.com))