"Globe Life Stock Tumbles on Short Seller's Fraud Allegations"

Fuzzy Panda has released a short report targeting Globe Life (GL) stock, alleging widespread insurance fraud, sexual assault cases involving employees, and other issues. The report also mentions former executives exposing insurance fraud and undercover investigations confirming the allegations. As a result, GL stock has dropped 17.5%, with high trading volume. Warren Buffett's divestment from the company and warnings about the insurance industry further contribute to the stock's decline.