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Hindenburg founder Nate Anderson disbanding short-selling firm

admin January 15, 2025 0 Comments

Hindenburg Research’s founder has decided to disband the short-selling firm whose reports erased tens of billions from the market values of companies including India’s Adani Group and Icahn Enterprises. Nate Anderson, who started Hindenburg in 2017, cited the toll of the “rather intense, and at times, all-encompassing” nature of the work as the reason for his […]

Hindenburg shorts Carvana, calls turnaround a ‘mirage’

admin January 2, 2025 0 Comments

CFOTO | Future Publishing | Getty Images Noted short seller Hindenburg Research disclosed a bet against Carvana on Thursday, claiming the online used car retailer’s recent turnaround is a “mirage” that’s being propped up by unstable loans and accounting manipulation. The report centers on Carvana’s practice of loan sales as well as the business relationship […]