Tingo Group Responds to Hindenburg Short-Seller Report and Issues its Response

(24/7 MARKET NEWS) – Tingo Group, Inc. (TIO:NASDAQ) announced, this morning, that it completed its investigation into allegations made by Hindenburg Research, a short seller outlet, that relate directly to the Company and its businesses. The Tingo Foods’ report confirmed its Q1 2023 operating margin of 24.8% and the accuracy of multiple Company announcements.

Tingo Group is trading at $0.9389, up $0.0892 (+10.50%), on 549.56K premarket shares traded.

Its 52-week range is $0.5707 to $5.69. This looks like it may trap some shorts and become very explosive.

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