Gildan plunges on short-seller revenue fraud claim

Gildan plunges on short-seller revenue fraud claim. A short seller alleges Gildan overstated $200M in revenue, triggering a sharp stock decline. The claim questions the authenticity of sales data from key retail clients. While no Indian F&O stocks are directly involved, the event may affect global textile sector sentiment.

📊 STOCKS: | 🏢 SECTOR: Trading | #LOWIMPACT #shortseller