TE is trading 4.9% down at $8.79 today as the stock faces ongoing volatility following a short-seller report and conflicting analyst commentary.
- Fuzzy Panda Research recently released a report alleging compliance and IP-sale issues, which contributed to a sharp 11.2% drop on June 23.
- Roth Capital has publicly defended the company, calling the short-seller report misleading and helping drive an 11.2% surge on June 22.
- The stock continues to experience elevated volatility and profit-taking despite broadly stable market indices.