Chemours Declines by as Much as 15%

Chemours Declines by as Much as 15%

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses a negative tweet by Citron Research about Comores (CC), predicting bankruptcy and highlighting issues from the balance sheet to the courtroom. The tweet caused a 9% drop in Comores' stock, leading to a trading halt due to volatility. The video also covers Andrew Left's history of short selling, including his notable call on VRX Valeant. Additionally, it examines Comores' financial decline, noting a 50% drop since its spinoff.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did Citron Research's tweet claim about Comores?

Comores is merging with another company.

Comores is expected to double its profits.

Comores is going to zero and is toxic.

Comores is a leading company in its industry.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the immediate market reaction to Citron's tweet about Comores?

The stock price doubled.

The stock price dropped by 9%.

The stock price remained stable.

The stock price increased by 9%.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why was trading of Comores' stock halted?

Due to volatility after the tweet.

Because of a dividend declaration.

Because of a new product launch.

Due to a merger announcement.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is noted about Citron's history in the second section?

Citron has never made impactful short calls.

Citron only invests in technology companies.

Citron is known for its long-term investments.

Citron has a history of impactful short calls.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has Comores' stock performed since its spinoff?

It has increased by 50%.

It has remained unchanged.

It has decreased by more than 50%.

It has doubled in value.