Hindenburg Research, known for its high-profile short-selling reports, is shutting down, founder Nate Anderson announced Wednesday. In a note posted on the firm’s website, Anderson stated the decision to disband had been planned since late last year after completing their pipeline of ideas. Founded in 2017, Hindenburg gained prominence for exposing alleged frauds. As a short seller and research firm, Hindenburg profited from stock declines after publishing reports.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Hindenburg Research, known for its high-profile short-selling reports, is shutting down.
00:06Founder Nate Anderson announced this Wednesday. In a note posted on the firm's website,
00:12Anderson stated that the decision to disband had been planned since late last year
00:17after completing their pipeline of ideas.
00:19Founded in 2017, Hindenburg gained prominence for exposing alleged frauds.
00:24Operating as a short-seller and research firm,
00:26Hindenburg profited from stock declines after publishing reports.
00:30For all things money, visit Benzinga.com.