OAKLAND, Calif .– (BUSINESS WIRE) – Shares of XL Fleet Corp. fell dramatically after Muddy Waters Research reported that XL Fleet overstated its business outlook, inflated its sales pipeline, overstated its customer base, and overestimated its technological capabilities. Following report, XL stock fell more more than 13% on March 3, 2021 and continued to fall to close at $ 12 per share on March 4, causing significant damage to investors. Gibbs Law Group is studying a potential XL Securities class action on behalf of investors who lost money in XL Fleet Corp. (NYSE: XL).
To speak to a lawyer about this class action investigation, Click here, or call (888) 410-2925.
On March 3, 2021, Muddy Waters Research reported that XL Fleet Corp. at…
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