Shares of Samsonite International S.A., the world’s largest luggage maker by volume, on Thursday suffered their worst drop in six years after a short seller issued a report critiquing the company’s business practices and claiming that the chief executive should be fired for committing resume fraud.
The 48-page report was released by a new Texas activist investment fund called Blue Orca Capital LLC launched earlier this month by Soren Aandahl, a former director of research at California-based short-selling firm Glaucus Research....