Stock Track | Electro Optic Systems Holdings Plummets 12% Intraday After Grizzly Research Discloses Short Position

Stock Track

Feb 10

Electro Optic Systems Holdings Ltd (EOS.AU) saw its shares plummet 12% during Tuesday's intraday trading session following negative developments involving short-seller Grizzly Research.

The company confirmed that Grizzly Research has disclosed holding a short position in its securities and published a critical research report. In response, Electro Optic Systems has firmly rejected the allegations in the Grizzly report and stated it is considering legal action against the short-seller.

The company has directed its legal advisers in both Australia and Germany to examine all available legal remedies in response to what it considers to be misleading statements in the report. This development has created significant negative sentiment around the stock, leading to the sharp price decline during the trading session.

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In response, Electro Optic Systems has firmly rejected the allegations in the Grizzly report and stated it is considering legal action against the short-seller.</p><p>The company has directed its legal advisers in both Australia and Germany to examine all available legal remedies in response to what it considers to be misleading statements in the report. This development has created significant negative sentiment around the stock, leading to the sharp price decline during the trading session.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"EOS.AU","symbol_name":"ELECTRO OPTIC SYSTEMS HOLDIN","start_time":0,"source_url":"","article_id":"1170894578","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1170894578","pubTimestamp":1770681530,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Electro Optic Systems Holdings Ltd (EOS.AU) saw its shares plummet 12% during Tuesday's intraday trading session following negative developments involving short-seller Grizzly Research.The company...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"EOS.AU":"ELECTRO OPTIC SYSTEMS HOLDIN"},"translate_title":"个股追踪|Grizzly Research披露空头头寸后，Electro Optic Systems Holdings盘中暴跌12%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EOS.AU":1},"content_text":"Electro Optic Systems Holdings Ltd (EOS.AU) saw its shares plummet 12% during Tuesday's intraday trading session following negative developments involving short-seller Grizzly Research.The company confirmed that Grizzly Research has disclosed holding a short position in its securities and published a critical research report. 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