Eurofins Rejects Muddy Waters Claims, Calls Report 'Inaccurate'.

Eurofins Scientific SE, a Luxembourg-based lab-testing company, has rejected allegations made by Muddy Waters Research. Eurofins stated that it is confident in the integrity of its accounts, operational performance, internal controls, and risk management. The company's shares fell by 25% after Muddy Waters disclosed a short position and raised doubts about Eurofins' financial statements. Eurofins has called Muddy Waters' claims inaccurate, irrelevant, biased, and misleading, and plans to work with auditors to conduct further analyses. [Extracted from the article]