Future FinTech stock drops 17% after SEC charges CEO

From Dow Jones & Company, Inc.:

Future FinTech Group shares fell after the SEC charged Shanchun Huang with inflating the company’s share price before taking over as CEO. The stock slipped 17% to $1.07 in after-hours trading. SEC alleged Huang used manipulative trading techniques to prevent delisting from the Nasdaq exchange. Shares are down 48% over the past 12 months (Source: MarketWatch).



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