NQ Mobile share price slashed in half after Muddy Waters report alleges fraud

NQ Mobile shares plummeted on Thursday, their biggest daily decline ever, after the noted short-seller Muddy Waters Research called the company a “massive fraud”, charges the company said it “rejects as false”.

via Business feed http://www.scmp.com/business/companies/article/1339569/nq-mobile-share-price-slashed-half-after-muddy-waters-report