Why Shares of Himax Technologies Tumbled Today
Shares of semiconductor company Himax Technologies (NASDAQ: HIMX) slumped on Wednesday following a tweet from Citron Research. The stock was down about 10% at market close.
On Wednesday morning, Citron posted a negative tweet about Himax. Citron accused management of a history of fraud, saying that the market is starting to realize that the story behind the company is a sham.
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Source: Fool.com