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Benzinga
Benzinga
Business
Adam Eckert

Chinese Health Care Stock Pheton Holdings Collapses After Short Seller Warns Of Manipulation By 'Overseas Scammers'

the Bear Cave Health Care
Red bear chart

If you recently invested in Pheton Holdings Ltd (NASDAQ:PTHL), The Bear Cave warns that you may have fallen victim to a pump-and-dump scheme.

What To Know: The Bear Cave released a report on Chinese health care company Pheton Holdings on Tuesday, which sparked a massive sell-off in shares. The weakness has continued on Wednesday following the short seller’s stark warning.

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