Why did Hindenburg target Adani that cost him over $12 billion? Short seller founder reveals
- Posted on February 4, 2025
- By Business News Today
- 5 Views
![](https://img.etimg.com/thumb/msid-117902354,width-1200,height-630,imgsize-26276,overlay-economictimes/articleshow.jpg)
Why did Hindenburg target Adani that cost him over $12 billion? Short seller founder reveals
![](https://img.etimg.com/thumb/msid-117902354,width-1200,height-630,imgsize-26276,overlay-economictimes/articleshow.jpg)
Nathan Anderson, the activist short-seller behind Hindenburg Research, is closing his firm, emphasizing that his decision stems from the job's intensity, not personal threats. He stands by all his firm's reports, including the one against Adani Group. Anderson clarifies no connections to alleged anti-India groups and dismisses conspiracy theories surrounding his retirement.