Nate Anderson’s Hindenburg Research, known for its impactful short-selling reports, will shut down. The firm gained notoriety for allegations against the Adani Group, which include stock manipulation and accounting fraud.

Hindenburg Research, known for its aggressive short-selling and its significant impact on the Adani Group in 2023, has shut down. Founder Nate Anderson cited the completion of their investigative goals and a desire for balance.

Nate Anderson, the founder of Hindenburg Research, on Thursday announced plans to shut down the US-based investment research firm, which gained attention for its short-selling activities and reports that led to the loss of billions of dollars for Indian billionaire Gautam Adani-led Adani Group.

Founder Nathan Anderson said Hindenburg's intense work had taken a toll on his personal life, and while there were no specific reasons for the closure, the plan had always been to shut down the firm after completing their current projects.

Adani Group stocks saw a significant rise on Thursday after Hindenburg Research, the US company that caused major losses for Gautam Adani, was shut down. Companies like Adani Power and

Nate Anderson, the short seller who made his name with campaigns targeting billionaires Gautam Adani, Jack Dorsey and Carl Icahn, said he’s disbanding his small but renowned firm, Hindenburg Research.

Activist short seller Nathan Anderson, famous for his campaigns against Adani Group, Super Micro and Nikola, is shutting down his firm Hindenburg Research seven years after he founded it. “The plan has been to wind up after we finished the pipeline of ideas we were working on,

Nathan Anderson announced the disbandment of Hindenburg Research, sharing his journey and the team's impact on financial investigations. He aims to open-source their methods while ensuring team members transition to new opportunities,

Hindenburg Research, the short-selling firm renowned for exposing financial misconduct among corporate giants, is shutting down. Founder Nate Anderson announced the decision in a heartfelt blog post on the firm’s website,

Hindenburg Research, whose reports resulted in wiping out billions of dollars of Indian billionaire Gautam Adani and his companies, has been shut down.

Hindenburg Research, the firm that wiped over $100 billion off the Adani Group's market value in 2023, has announced its closure. The announcement came as a surprise, as the short-seller was pursuing probes against some of the biggest corporate moguls worldwide.