Globe Life shares rebound about 20% after plummeting over 50% Thursday

In this photo illustration, the Globe Life Insurance logo seen displayed on a smartphone screen.Shares of Globe Life rebounded about 20% Friday morning after sinking 53% Thursday following a short-seller report alleging multiple instances of insurance fraud.Fuzzy Panda Research disclosed a short position in the Texas-based insurance company after it uncovered "extensive allegations of insurance fraud ignored by management despite being obvious and reported hundreds of times."The short-seller claims that Glo ...