Gildan Activewear Stock Drops 11% After Short-Seller Report
Gildan Activewear's stock fell by 11% after a short-seller report criticized the company for channel stuffing, tax malfeasance, and accounting issues. The firm Jehoshaphat Research published a detailed analysis accusing Gildan of inflating growth numbers to maintain its narrative.
Topics: accounting allegations channel stuffing Gildan Activewear Jehoshaphat Research