Image: AMIR COHEN (Reuters) It’s been nearly a month since the US-based Hindenburg Research published a report jolting one of India’s largest conglomerates. A $120-billion market rout and a major stoc...
Tag: Hindenburg
Adani Maps Comeback Strategy After $132 Billion Hindenburg Rout
(Bloomberg) — Almost a month after a bombshell short seller report lopped off $132 billion in market value from Gautam Adani’s empire, the Indian billionaire has hired top-shelf US crisis commun...
Adani Group Reportedly Hires Top U.S. Law Firm To Take On Hindenburg As Stocks Continue To Tank
Topline India’s Adani Group has hired New York-based law firm Wachtell, Lipton, Rosen & Katz to take on allegations against it raised by short-seller Hindenburg Research, the Financial Times repor...
Gautam Adani Briefly Falls Out Of Top 20 Richest As His Net Worth Spirals After ‘Corporate Con’ Allegations
Topline Indian billionaire Gautam Adani briefly fell out of the world’s top 20 richest people on Friday after losing $12 billion in a day, a spectacular fall from his former position as the world’s th...
Adani Rout Erases Half of Group Value Since Hindenburg Report
(Bloomberg) — Pressure mounted for Indian billionaire Gautam Adani to quickly address concerns over his conglomerate’s financial health as a brutal stock rout wiped out more than half of the val...
Adani losses top $100 billion in wake of Hindenburg Research report
Signage of Adani Group at company’s gas station in Ahmedabad, India, on Wednesday, Feb. 1, 2023. Bloomberg | Bloomberg | Getty Images India’s Adani conglomerate deepened market losses to e...
Gautam Adani Addresses Scrapped Public Offering In First Public Remarks Since Hindenburg Allegations
Topline Gautam Adani on Thursday addressed his flagship company’s canceled $2.5 billion public offering and promised a review of the Adani Group’s market strategy in his first public remarks since U.S...
Credit Suisse Reportedly Assigns Zero Lending Value To Adani Group Bonds Following Hindenburg Allegations
Topline Credit Suisse has assigned zero lending value for bonds issued by Adani Group’s listed subsidiaries, Bloomberg reported on Wednesday, a move that will deepen concerns for the beleaguered India...
Adani Isn’t The First — Elon Musk’s Twitter, Nikola And A Crypto Company Have Been Short-Selling Targets For Hindenburg Before
Hindenburg Research LLC is a short seller known for exposing fraud. Currently, it is in the news for its scathing report on India’s Adani Group, accusing it of stock manipulation and accounting fraud....
Adani Group Companies Continue To Be Hit By Market Selloff As War Of Words With Hindenburg Escalates
Topline A war of words between the Adani Group and Hindenburg Research escalated on Monday as shares in some of the Indian conglomerate’s listed companies continued to slide sharply after the New York...
Most Adani Stocks Drop as Rebuttal Draws Hindenburg Response
(Bloomberg) — Most of Adani Group’s companies extended a $51 billion stock selloff, an indication that the billionaire’s rebuttal of fraud allegations from American short seller Hindenburg Resea...
Adani’s 413-Page Hindenburg Reply Aims to Calm Before Share Sale
(Bloomberg) — Gautam Adani published a 413-page rebuttal of allegations of fraud by short seller Hindenburg Research, seeking to calm potential investors before the Indian billionaire’s flagship...
Adani’s Detailed Hindenburg Reply Now Said to Be Post-Share Sale
(Bloomberg) — Adani Group will release a detailed response to allegations made by US short seller Hindenburg Research only after the completion of a new share sale that’s set to conclude on Jan....
Who is behind Hindenburg, the research firm targeting the Adani group?
Hindenburg Research’s bruising report accusing the Adani Group of pulling off “the largest con in corporate history” has rattled India’s stock markets. On Jan. 24, the New York-based forensic financia...
Adani Group Stocks Plunge, Extending Rout After Hindenburg Report
(Bloomberg) — Shares of Adani Group’s companies have lost more than $30 billion in market value in less than two sessions, as a selloff sparked by US short seller Hindenburg Research’s scathing ...
Mullen Automotive “Another Fast Talking EV Hustle,” Says Hindenburg
By Sam Boughedda Investing.com — Mullen Automotive Inc (NASDAQ:MULN) shares have jumped 241% in the past month, but they have dipped slightly on Wednesday after Hindenburg Research released a sh...
Natera loses more than $1.7 billion in market cap, even after company calls Hindenburg report ‘misleading’
Shares of Natera Inc. NTRA, -30.53% plummeted 32.9% in active afternoon trading Wednesday toward a 22-month low, enough to pace all of the Nasdaq’s decliners, after noted short seller Hindenburg...