Liberator claims no knowledge of unusual market activity
STUART, Fla. – Liberator Medical doesn’t know why its stock prices fell sharply the morning of Tuesday, Jan. 21, according to a release. The New York Stock Exchange (NYSE), in accordance with its usual practice, contacted Liberator when the company’s stocks fell from $5.9942 to $4.18 in a matter of hours of trading. While its policy, in general, is not to comment on unusual market activity, Liberator said “it knows of no event or series of events that could have caused such market activity,” according to the release. Two days later, on Jan. 23, Liberator’s stock was back at $5.31.