OSI Systems stock gained 5% after being added to Bank of America's top picks list
From Nasdaq: 2025-03-21 18:06:00
- OSI Systems (NASDAQ: OSIS) saw a 5% increase in its stock price after being added to Bank of America’s top picks list for small-cap stocks, called the Endeavor List.
- Despite recent positive news, OSI Systems is facing allegations from short seller Culper Research, claiming the company has fallen behind on obligations related to a major contract with Mexico’s Ministry of Defense.
- Bank of America’s move to include OSI Systems on its top picks list may be restoring confidence in the stock, but investors should approach with caution due to the troubling allegations made by Culper Research.
Read more at Nasdaq: Why OSI Systems Stock Gained 5% This Week