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BEKE - KE Holdings drops after new short call from Muddy Waters
KE Holdings Inc American Depositary Shares (each representing three Class A)
KE Holdings (NYSE:BEKE) fell almost 10% in premarket trading after Muddy Waters released a new 77 page short report. Carson Block's Muddy Waters alleges that the company is inflating its new home sales by more than 100%. "Similar to Luckin Coffee, this is a real business with significant amounts of fraud," Muddy Waters writes in the report. BEKE short interest is 4%. Developing story ...