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Benzinga
Benzinga
Business
Rishabh Mishra

Expert Accuses Fly-E Of 'Pump-And-Dump' Scheme, Warns Of 'Severe Stock Collapse' Amid Troubling Safety Record

New,York,Ny,Usa-june,6,,2024,A,Busy,Fly,E-bike

E-bike company Fly-E Group (NASDAQ:FLYE) is facing severe allegations of being a “pump-and-dump” scheme on the verge of a stock collapse, according to a new report that also highlights the company's history of selling batteries without safety certifications that have been linked to deadly fires.

Check out FLYE’s stock price over here.

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