NorthWest Biotherapeutics Inc (NWBO)

[10baggerz]

https://www.wsj.com/articles/biotech-company-says-citadel-other-big-traders-manipulated-its-stock-price-11669901683

Biotech Company Says Citadel, Other Big Traders Manipulated Its Stock Price
In a new lawsuit, Northwest Biotherapeutics accuses market makers of illicit ‘spoofing’ trades

In the modern stock market, high-speed trading firms like Citadel provide stock quotes throughout the day.
PHOTO: REUTERS
By Justin BaerFollow
Dec. 1, 2022 at 8:34 am ET

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A biotechnology company accused Citadel Securities LLC, Susquehanna International Group LLP and other Wall Street firms of driving down its stock price through a series of illicit trades.

In a lawsuit filed Thursday in Manhattan federal court, Northwest Biotherapeutics Inc. NWBO -2.15%decrease; red down pointing triangle alleged the market makers had repeatedly engaged in “spoofing,” where traders place orders with an intent to fool other investors about a stock’s demand and manipulate the price.

Credit: Nokloo - Stock-twits