Why LifeMD Stock Is Getting Crushed Today

Why LifeMD Stock Is Getting Crushed Today

Shares of healthcare services provider LifeMD (NASDAQ: LFMD) are plunging on Wednesday and were down by 22.3% as of 3:45 p.m. EDT. The company did not report any news, but these losses are a result of a short-seller report issued by investigative research firm Culper Research. In its report, Culper Research makes a series of claims concerning LifeMD, its executives, and its operations which, if true, could be devastating to the healthcare company and its shareholders.