Ottobock Shares Slide After Short-Seller Report Flags Controlling Shareholder Debt Risk
Shares of Ottobock plunged more than 10% after Grizzly Research published a report asserting that controlling shareholder Hans Georg Näder faces a severe debt burden tied to a large payment-in-kind loan. The short-seller set a €30 fair-value target and disclosed a short position in OBCK, while the stock’s decline was compounded by an upcoming cash …