Short seller Nathan Anderson to close Hindenburg Research


Unlock Editor’s Digest for free

Activist short seller Nathan Anderson, famous for his campaigns against Adani Group, Super Micro and Nikola, has closed his company Hindenburg Research seven years after he founded it.

“The plan is to stop after we have the pipeline of ideas that we’re working on,” Anderson written in a statement. He describes the work as “intense, and at times, all-encompassing”.

It’s Hindenburg The research led to fraud charges and charges against several individuals, according to its website, but also resulted in expensive legal battles. Although the company is pursuing ambitious targets, it remains small with 11 employees.

This is a developing story. . .



Source link

  • Related Posts

    Azul, Gol inch closer to potential tie-up to form major Brazil airline By Reuters

    By Gabriel Araujo SAO PAULO (Reuters) – Azul and Gol, two of Brazil’s biggest airlines, are closing in on a sweeping merger that would create a dominant carrier at No.…

    Can these artificial intelligence (AI) stocks maintain their meteoric growth trajectory?

    The broader US stock market has enjoyed a remarkable run since artificial intelligence (AI) emerged as a game changer in early 2023. S&P 500 it has soared more than 50%…

    Leave a Reply

    Your email address will not be published. Required fields are marked *