For the last half-decade or so, the last thing any CEO wanted to was to see their company’s name in print alongside Hindenburg Research. If the firm had you in its crosshairs, things were about to get ugly and very,

Carvana, the online used-car retailer that last week was the target of a short-selling research report, got its first broker upgrade since then which says the controversy has sparked a buying opportunity.

Nathan Anderson, whose activist short-selling firm Hindenburg Research became famous in financial circles by publishing a video of a truck rolling down a hill, is calling it quits.

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.

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.

Nate Anderson who started Hindenburg Research in 2017, is best known for exposing Nikola Motors, which claimed to have developed a fully functional hydrogen-powered truck. In India he is known for a January 2023 report accusing Adani Group of fraud.