Tuesday, November 30th, 2021
The stock market day
New price slump at real estate group Adler
The real estate group Adler Group, which is under pressure because of allegations by a group of investors, sees itself on course for its annual targets raised in the summer.
There was no news of the allegations of short seller Fraser Perring. That in turn caused uncertainty on the stock market. Shares plunged more than 13 percent towards their record lows.
Perring, who had also attacked Wirecard years before the accounting scandal broke out, accuses the Adler management of inflating the balance sheet and diverting funds from the group.