- AgriFORCE Growing Systems ( NASDAQ: AGRI ) stock rose ~10% on Monday after the company said it believes that it may have been the target of market manipulation and potentially illegal trading activities, citing ongoing investigation.
- AgriFORCE noted that in November 2022, it engaged Shareholder Intelligence Services to utilize the firm's service offerings to get share trading analytic metrics to help monitor trading activity.
- Based on an initial analysis of AgriFORCE's historic stock trading activity, the company believes that it may have been the target of market manipulation and potentially illegal trading activities, including short selling of its shares.
- The company noted that it is exploring all potential options and remedies.
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AgriFORCE rises ~10% after citing potentially illegal trading activities for its stock