This reminds me exactly of KODAK from a few months ago, was trading at around $1.60 then news came out that they were talking to BK lawyers in the WSJ and the stock price tanked to .54 in less than an hour. Not long afterwards it bounced from that price to the .80s then KODAK came out and debunked those stories and the price shot back up to around 1.20 in AH trading.
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