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A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. For the last half-decade or so, the last thing any CEO wanted to wake up to ...
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 ...
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 ...
Nate Anderson of Hindenburg Research on January 6, 2023 in New York, New York. Anderson is disbanding the research firm he created. (Photo by Bonnie Jo Mount/The Washington Post via Getty Images)
Other targets of Hindenburg's negative research and short-seller activity included Clover Health, Adani Group, and Icahn Enterprises. In each instance the entity in question saw sharp stock losses ...
In 2019, Hindenburg said that online orthodontics startup SmileDirectClub was "carelessly cutting corners in a field of specialized medicine, putting customer safety at risk." The company went out ...
Hindenburg accused the Indian conglomerate of stock manipulation and accounting fraud on Jan. 24, 2023 after what it said was a two-year investigation. The Adani Group called the report baseless.
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.