Muddy Waters Bashes Bank of the Ozarks, Shares Tumble
May 04, 2016 at 12:37 PM EDT
Carson Block, CIO of Muddy Waters, presented a negative thesis on Arkansas-based Bank of the Ozarks (OZRK). “In the best case Ozark rerates because it can’t sustain their earnings growth. We think it’s cracking right now.” The bank’s stock fell 11% within minutes. Block said the bank has extended too many construction loans in real […]
