Recently, Ideanomics (NASDAQ:IDEX) stated that it would refute all short-seller report that accused about the company with falsifying ties on the key electric vehicle as well as the facilities in-vehicle consumer. The Hindenburg Research accused Ideanomics. Ideanomics is the leading company that mainly focuses on the adoption of commercial electric vehicles as well as developing financial services. Ideanomics Inc. also mostly have fintech products with more number of benefits. Mobile Energy Global (MEG) is the leading Company’s electric vehicle division offers a better purchasing discount on many numbers of electric vehicles, electric vehicle (EV) batteries as well as electricity. With the increase in the nasdaq idex on the stock market also increases its stability in the market.
IDEX Stock Price:
Ideanomics, Inc. (IDEX) is the leading company that offers a wide number of services that include Commercial Electric Vehicles, Charging Solutions, Financing, Electricity, Electric Vehicle (EV) batteries, and many others. Capital division of the Company has the Delaware Board of Trade (DBOT) is also considered as the best broker-dealer operates the Alternative Trading System (ATS). In fact, it also mainly focused on trading the traditional OTC securities. Based on the recent report stating the nasdaq idex at https://www.webull.com/quote/nasdaq-idex stock price targets with an average of 1.379 as well as high estimates of about 1.379 as well as 1.379 towards the low estimate. Ideanomics, Inc. (IDEX) provides financial service, and it is powered by Artificial intelligence (AI) as well as Blockchain. It mainly strikes the effort of the company to manipulating the photographs for uniquely driving the stock price. Analyst J Capital Research also has issued that the report stating “Champion of Promotes.” It also wrote that the company changes along with its promotional story. Shares of Ideanomics also fell to about 21% in one day that goes about $2.44 per share from their June 24, 2020. It also closes even up to $3.09 per share.
Issues In Ideanomics:
Portnoy Law Firm mainly advises the Ideanomics, Inc. (IDEX) investors that it has initiated about the investigation in the securities fraud. It also has filed class action as investors. IDEX states that nasdaq idex mainly claimed or even disclosed the ownership of the site. It also has signed the rent-free of about a 15-year agreement during the year 2019. Ideanomics, Inc. (IDEX) states that it mainly obtained about statements in facility staff contradicting on Hindenburg’s claim. Analyst Hindenburg Research has issued the series of the Tweets on announcing the Hindenburg’s conclusion stating that the Ideanomics, Inc is an obvious fraud and egregious. Apart from which the Hindenburg asserted that they have much evidence stating Ideanomics has doctored photos on the PR suggesting the operators and owns. If you want to know more stock information, you can check at stock premarket.