Fake Sheik strikes again? Car-stereo maker Harman International (HAR) - already up 38% in the...

|About: Harman International Ind. ... (HAR)|By:, SA News Editor
Fake Sheik strikes again? Car-stereo maker Harman International (HAR) - already up 38% in the past couple of weeks - jumped 3.3% at the open after a faxed news release said an Arabian wealth manager planned a near-100% premium hostile bid. But Harman hasn't heard of the investor, and neither has anyone else; HAR now down 6.8%.