Focus Media (FMCN +1.4%) rebounds a little more (previously) from the drubbing it received at...

|About: Focus Media Holding Limited (FMCN)|By:, SA News Editor

Focus Media (FMCN +1.4%) rebounds a little more (previously) from the drubbing it received at Muddy Waters' hands, after a 13-D discloses a company owned by CEO Jason Nanchun Jiang has boosted its stake in Focus Media to 16.74%, from a prior 12.8%. Shares have now doubled from Monday's low, but still remain down roughly 15% from the time Muddy Waters' report (.pdf) was published.