VusionGroup Shares Slide; Company Cites Short Seller Post on X

May 24, 2024, 11:02 AM UTC

Shares in France’s VusionGroup, previously called SES-imagotag, fell as much as 14% in Paris trading, with the company citing a post on X from the manager of a short-focused hedge fund.

  • The post by Matthew Earl, managing partner at ShadowFall Capital & Research, referenced a French listed company, without identifying it
  • Raquel Lizarraga, an investor relations consultant for VusionGroup, said the post includes “pieces of information that are either fallacious or have nothing to do with each other”
  • Earl didn’t immediately reply to a message seeking clarification about which company he was writing about
  • NOTE: VusionGroup shares ...

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