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Eros International +22.8% as CEO pushes back on shorts

Indian-language film producer Eros International (NYSE:EROS) is up 22.8% as Wells Fargo reiterates its Hold rating on a stock that has been a target of short sellers, and after the company's CEO says it can withstand any storm.

After peaking at $37.60 in August, the stock had fallen 79% amid questions about its revenues and the number of subscribers on its digital service. The company reports 30M registered users for its Eros Now service and it hopes to...


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