Wednesday, March 12, 2025
Homelife insuranceGlobe Life shares plummet 50% after short-seller accuses company of insurance fraud

Globe Life shares plummet 50% after short-seller accuses company of insurance fraud

In this photo illustration, the Globe Life Insurance logo seen displayed on a smartphone screen.
Shares of Globe Life plunged more than 50% Thursday after Fuzzy Panda Research disclosed a short position in the company, alleging multiple instances of insurance fraud.
The short-seller in a report said it had uncovered

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