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JOYY tumbles 18% as Muddy Waters alleges fraud in live offerings

Nov. 18, 2020 2:45 PM ETJOYY Inc. (YY) StockBIDU, YYBy: Jason Aycock, SA News Editor185 Comments
  • JOYY (NASDAQ:YY) - initially higher yesterday evening after its Q3 earnings - has slipped 18.4% after Muddy Waters has opened up a short report, alleging "massive fraud" at the company and its high-flying Bigo Live unit.
  • "While trawling the sewers

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