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NexTech AR Solutions Corp.

Company NameNexTech AR Solutions Corp.
Stock SymbolNEXCF
Status1

On February 10, 2020, Hindenburg Research published a report alleging, among other things, that NexTech "engaged in a paid promotion spree, pumping its stock through at least 8 promotion outlets" and that many of its customers "were either entirely unaware that they had a relationship with the company or had never actually implemented the product." 

On this news, the Company's share price fell $0.36, or nearly 22%, to close at $1.29 per share on February 10, 2020, on unusually heavy trading volume.

 

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