A.O. Smith hits back after short-sellers reports hurt stock

//A.O. Smith hits back after short-sellers reports hurt stock

A.O. Smith hits back after short-sellers reports hurt stock

A.O. Smith Corp. went on the defensive Friday, after two investment firms called into question the validity of some of the company's financials Thursday. The Milwaukee-based water technology manufacturer (NYSE: AOS) saw its stock dip from more than $48 per share Thursday morning to below $43 Friday after two separate firms, J Capital Research and Spruce Point Capital Management, questioned the accuracy of its margins due to its dealings in China. In a statement released Friday afternoon, A.O. Smith…

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By | 2019-05-17T22:00:00+00:00 May 17th, 2019|Budget and Tax|

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