Founder of muckraking market information group Hindenburg Research calls it quits
- Hindenburg Research, known for its investigations into corporate fraud, has decided to disband after completing its pipeline of work, according to founder Nathan Anderson.
- Adani Group stocks rose over 5% following the closure of Hindenburg Research, which had previously accused the conglomerate of stock manipulation and accounting fraud.
- The Supreme Court of India ordered a probe into the crash of Adani Group shares, finding no evident manipulation and no regulatory failure, as reported in January 2024.
- Nathan Anderson stated that the intense nature of the work at Hindenburg took a personal toll, leading him to view it as a chapter in his life rather than a defining aspect.
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Total News Sources0
Leaning Left11Leaning Right12Center13Last UpdatedBias Distribution36% Center
Bias Distribution
- 36% of the sources are Center
36% Center
L 31%
C 36%
R 33%
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