United States

Cyberdyne Inc (7779.T)

7779.T on Tokyo Stock Exchange

6 Dec 2016
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¥-38 (-2.59%)
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Tue, Aug 16 2016

Japan robotics firm Cyberdyne criticised by short-seller; shares slide

TOKYO, Aug 16 Shares of Japanese robotics company Cyberdyne Inc tumbled as much as 11 percent on Tuesday after U.S.-based short-selling firm Citron Research questioned the stock's valuation and said it was primed for a big fall.

BRIEF-Cyberdyne to set up unit in US

* Says it plans to invest $100,000 to set up a wholly owned subsidiary to control and promote the co's business in US, named as Cyberdyne USA Inc in August

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