‘Murder-For-Hire Conspiracy’: Why Enochian Biosciences Stock Is Plunging

Enochian Biosciences Inc (NASDAQ: ENOB) shares are trading lower Wednesday after Hindenburg Research issued a bearish report on the company.

Last week, federal prosecutors announced the arrest of two men being charged in a “murder-for-hire” conspiracy, which resulted in the death of Vermont resident Gregory Davis. Enochian co-founder Serhat Gumrukcu was one of two men charged with conspiring to use interstate commerce facilities in the commission of murder-for-hire.

Hindenburg noted that …

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