NQ Mobile Execs To Buy Stock In Fight Vs. Short Firm

By | November 12, 2013

NQ Mobile stock was down again in after-hours trading Tuesday, after the under-fire Chinese tech firm reported Q3 EPS merely in line with analyst views. The company also did not have an update from its special committee of independent directors that is investigating charges from short-selling firm Muddy Waters of “massive fraud.” But the company announced that its top executives — including its five highest-ranking execs — would on their own buy

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NQ Mobile Execs To Buy Stock In Fight Vs. Short Firm