Royal Imtech: Today's Events Make This Stock A Perfect Short Candidate
- Imtech reported worse than expected second quarter earnings today.
- Along with its earnings report, Imtech announced the sale of its ICT division.
- Imtech will issue equity rights up to €600 million ($792 million) as well.
- Poor earnings, a disappointing sale of the ICT division and extreme diluting make Imtech a perfect short candidate.