Hindenburg, short-seller behind Adani selloff to shut down, says founder By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 16 2025
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Source: Investing.com
Hindenburg Research Shuts Down: The U.S.-based short-selling firm Hindenburg Research has announced its closure due to intense legal pressures and the demanding nature of its investigative work, as stated by founder Nathan Anderson.
Legal Controversies and Impact: Hindenburg gained notoriety for its reports on companies like Adani Group, which faced allegations of stock manipulation and accounting fraud, leading to significant market losses and heightened scrutiny of both the conglomerate and Hindenburg's methods.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
