StockMarketWire.com - Burford Capital said it does not know of any operational or corporate reason for the decline in its share price, but linked it to a rumour of potential 'short attack' by speculative traders.

The company did, however, say it believes that yesterday's share price movement related to a rumour of a potential 'short attack' or 'bear raid' -- a tactic where short sellers take on a short position in a company's stock and then engage in claims about the company in an effort to alarm investors, depress a company's stock and profit from the decline.

'Burford also believes that some of its prior recent share price volatility is related to such activity,' it added.


At 9:36am: [LON:BUR] Burford Capital Ltd share price was -153.25p at 967.75p



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