Gildan Activewear Inc.GIL
Mentioned
Impact on stocks 2
Consumer Discretionary
Gildan Activewear Inc.Artificial Intelligence
NVIDIA CorporationNVDA
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Gildan Activewear Inc.NVIDIA CorporationGildan Activewear shares fell 11% this week after Jehoshaphat Research published a bearish report and disclosed a 4% short position in the company's total float. The 60-page document accused the apparel maker of channel stuffing, tax malfeasance, and accounting irregularities to inflate growth. Gildan responded with a brief statement expressing confidence in its disclosures and said it would not comment further. The stock's decline was measured over the short trading week, according to S&P Global Market Intelligence data.
Gildan Activewear Inc.NVIDIA Corporation