Greenland Energy is trading at $2.46, down 11.91%, with coverage linking the sharp decline to a report that Pomerantz LLP is investigating potential securities fraud.
- A critical Fugazi Research report alleged overstated oil reserves and no revenue or production despite raising $70 million.
- The allegations are not established findings.
- Oil prices also fell as investors assessed U.S. election results and Iran-related risks; no verified trading-volume figure was available.