Mota-Engil CEO Says Company Stock Worth Twice Its Current Value
Mota-Engil, Portugal’s biggest construction company, is undervalued and its shares should be worth twice their market value, its chief executive officer said. Mota-Engil is down 27% since it released results for the first half-year on Aug. 28 and short sellers ramped up bets against the stock. Muddy Waters Capital Domino Master Fund reported a short … Read more