December 17, 2019 / 10:51 AM / a month ago

REFILE-Muddy Waters takes short position in NMC Health, stock tanks

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Dec 17 (Reuters) - U.S. short-selling firm Muddy Waters said on Tuesday it has acquired a short position in NMC Health Plc , citing “serious doubts” about the hospital operator’s financial statements, including its asset values, cash balance and reported profits.

Shares of the FTSE 100 firm plunged more than 20% and were on track for their worst day ever.

NMC Health was not immediately available for comment. (Reporting by Noor Zainab Hussain in Bengaluru Editing by Saumyadeb Chakrabarty)

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