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Monday, March 9, 2020

Opko Health ‘obvious’ coronavirus pump – Hindenburg

In a tweet, Hindenburg Research calls OPKO Health (OPK +1.7%) an “obvious” coronavirus pump citing the stock fraud troubles of Chairman & CEO Philip Frost.
Last week, shares rallied after the company announced that subsidiary BioReference Laboratories will launch a COVID-19 testing service this week (all major reference labs are doing the same which will favor LabCorp and Quest due to their large footprints).
Shares were down over 11% intraday before recovering.
https://seekingalpha.com/news/3549809-opko-health-obvious-coronavirus-pump-hindenburg

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