NasdaqGS:MMYTHospitality
Assessing MakeMyTrip (NasdaqGS:MMYT) Valuation After Regulatory Allegations From Morpheus Research
Regulatory allegations put MakeMyTrip in the spotlight
Morpheus Research has released a report raising concerns about MakeMyTrip (MMYT). The report highlights allegations of anti-competitive practices, undisclosed regulatory investigations in India, and claims that the company is obscuring weakening financial performance.
See our latest analysis for MakeMyTrip.
The Morpheus Research allegations arrive after a sharp reset in sentiment, with MakeMyTrip’s share price at US$39.84 and a 1 year...