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British IT outsourcing company Quindell considers U.S. listing

21
Aug
2014

Quindell Plc, a British IT outsourcing and consultancy company whose stock has been hammered following allegations by a short-seller, said it is exploring a U.S. Quindell’s stock has fallen about 70 percent in the past four months after U.S.-based Gotham City Research raised questions about its revenue model and profit quality. We are looking at all options,” Chairman Robert Terry told Reuters. The company said in June that its application for a premium listing on the London Stock Exchange had been turned down.

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