Founder of Hindenburg Research, Nathan Anderson, announced disbanding the short-selling firm whose reports resulted in wiping out billions of dollars of Indian billionaire Gautam Adani and his compani

Hindenburg Research, the short-selling firm which gained global attention for its reports on Indian billionaire Gautam Adani and his companies, is shutting down. Founder Nate Anderson announced the decision on Wednesday (15 January), marking the end of a controversial chapter in financial research.

Hindenburg Research, the influential short-selling firm that rattled global markets with high-profile exposés of companies like Adani Group and Nikola Corp., announced its closure Wednesday after a seven-year run that reshaped modern activist investing.

Nathan Anderson, who started Hindenburg in 2017, cited the toll of the "rather intense, and at times, all-encompassing" nature of the work as the reason for his decision, in a website post published on Wednesday.

Hindenburg Research, a US investment research firm known for short-selling, and whose reports resulted in wiping out billions of dollars of Indian billionaire Gautam Adani and his companies, has been shut down,

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