BUZZ-ADMA Biologics slips after short‑seller Culper Research alleges inflated sales

ADMA Biologics, Inc.

ADMA Biologics, Inc.

ADMA

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** Shares of ADMA Biologics ADMA.O fall 7.7% to $12.55

** Culper Research says it is short on ADMA

** Culper accuses the company of inflating its sales figures by pushing excess inventory onto distributors

** Culper estimates that ADMA's revenues fell 3% in 2025, not the 20% growth the company reported for the year

** ADMA did not immediately respond to a Reuters request for comment

** Including session's moves, stock down 30.9% YTD