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Hindenburg's closure comes as the number of prominent players has declined in recent years. Breakout Point , a data analysis tracking site listed 42 active short seller firms last year, down from ...
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In a memo Wednesday, Hindenburg’s founder, Nate Anderson, said the firm had accomplished what it set out to do — “we shook some empires that we felt needed shaking” — but acknowledged ...
Hindenburg Research was partly responsible for the criminal and civil charges of nearly 100 individuals. Famed short seller with a track record for getting CEOs arrested, indicted, and charged ...
Hindenburg’s investigations, compiled by a staff of just 11 and blasted out to 900,000 followers on X, took aim at the likes of Block and Adani Group and became a symbol of bear investing during ...
Hindenburg also went after electric truck maker Nikola in 2020, in one of its best-known shorts. The short-seller said Nikola deceived investors about its technological developments.
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Hindenburg said the video was actually just showing the truck rolling down a hill after getting towed to the top. In late 2021, Nikola agreed to pay $125 million to settle Securities and Exchange Commission charges that it defrauded investors by misleading them about its products, technical advancements, and commercial prospects.