Troubled home-goods retailer raises topic of naked short selling in an update on its pending special shareholder meeting to vote on a reverse stock split.
Bed Bath & Beyond Inc. said Monday it had received several inquires from shareholders related to naked short selling but that it had no specific access to information on share lending for short-selling transactions.
“While the company is unable to confirm such activity, the company denounces any market manipulation of its stock BBBY , ” the troubled home-goods retailer said in a statement. For more, see: Genius Group CEO on why his company is fighting back against naked short sellers — and it’s not alone
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