12:05 PM EDT, 03/17/2025 (MT Newswires) -- Gorilla Technology Group's ( GRRR ) shares were down more than 19% in recent Monday trading after a post on social platform X from short-seller Citron Research.

Citron called on the US Securities and Exchange Commission to halt trading in Gorilla Technology ( GRRR ) shares due to the company's alleged misleading statements, according to the post.

Citron claims the company is promoting a massive, dubious deal with a figure known for financial misconduct, and that its claims of artificial intelligence leadership are unsubstantiated, given its minimal research and development spending.

Both Gorilla Technology ( GRRR ) and Citron didn't immediately respond to requests for comment from MT Newswires.

Price: 28.50, Change: -5.09, Percent Change: -15.16