Shares of Gildan Activewear Inc. tumbled the most in more than six years after short seller Jehoshaphat Research published a negative report accusing the company of inflating revenue.
Gildan apparel at a store in Montreal, Quebec, Canada, on Friday, Dec. 15, 2023. Two investment firms that are among the largest shareholders of clothing manufacturer Gildan Activewear Inc. are taking aim at the board for its decision to oust Chief Executive Officer Glenn Chamandy - a move that puts the company at risk, they say.
Anmelden
