Founder of muckraking market information group Hindenburg Research calls it quits
- Hindenburg Research, known for exposing corporate fraud, is disbanding after completing its planned projects, according to founder Nathan Anderson.
- Adani Group stocks rose over 5% after Hindenburg Research shut down, following allegations of fraud and manipulation against the company.
- The Supreme Court of India found no evidence of manipulation in Adani companies after Hindenburg's accusations led to significant stock losses.
- Anderson expressed a desire to reconnect with family and friends, stating the intense work affected his personal life.
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"From A Place Of Joy": Short Seller Nathan Anderson Will Wind Down Hindenburg Research After 7 Years - Nemos News Network
Short seller Nathan Anderson, founder of Hindenburg Research, in a letter published to the firm’s website Wednesday has said he is disbanding his firm from a “place of joy”, citing the “rather intense, and at times, all-encompassing” nature of the work. Bloomberg called Anderson one of the “gutsiest” short sellers to ever do it and The […]
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