Hindenburg Research, Which Published Report Against Adani Group, Shuts Down
Hindenburg Research, known for its Adani report, closed as founder Nate Anderson seeks peace, personal pursuits, and low-stress investments after completing regulatory work.
New Delhi, Digital Desk (Washington) || Hindenburg Research, the American research and investment firm that made headlines after publishing a report against Indian industrialist Gautam Adani and his group, has closed down. Founder Nate Anderson announced this on Wednesday.
Hindenburg became famous in 2023 after publishing a report accusing the Adani Group companies of stock price manipulation and financial irregularities. Adani Group has denied all allegations.
Founder Nate Anderson said, “I’ve been sharing with my family, friends, and team for months now that I would be closing Hindenburg Research. We wou...