Thursday share price plunged by more than 22%

Source: Internet
Author: User
Keywords Stock price survey multiple
Century interconnection share price Beijing time September 12 News, due to the U.S. Investment agency Trinity Research Report Impact, Thursday, including Rosen, Glancy Binkow & Goldberg LLP and Bronstein, Gewirtz & Amp; Grossman, LLC and other law firms have issued announcements announcing a probe into the century interconnection (nasdaq:vnet) to clarify whether the company and some executives have violated federal securities laws. By this effect, Thursday stock market, Century interconnection (nasdaq:vnet) share price plunged again, up to the close of 4.60 U.S. dollars to 15.52 U.S. dollars, a decline of 22.86%. The share price of the century has tumbled three consecutive days, down nearly 50%. Trinity, in a 121-page report, said it had overwhelming evidence to prove that the company had an accounting and securities fraud, and that the Internet was expected to retire from the Nasdaq century. In Wednesday, the century interconnection responded to the Trinity Short report, saying the allegations contained a large number of errors, unfounded speculations and malicious interpretations of various events. In response to these malicious accusations, the century interconnection intends to take appropriate legal action to protect shareholders ' interests. The Internet news conference was held in Thursday to address these allegations. The Wall Street investment-rating agency, TheStreet Fitch, gave the century-linked stock a rating in Thursday and gave a C-level score. (Compile/Joshui)
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