Accor Shares Fall 9 Percent After Short Seller Report
Accor shares dropped nearly 9 percent today after Grizzly Research released a report alleging booking safeguard issues. The stock hit a near one-year low.
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Shares in the prominent hotel group Accor S.A., headquartered in France, tumbled nearly 9% during Thursday's trading session. The sharp decline followed a report from the United States based short seller Grizzly Research, which revealed it had taken a short position against the company.
