Nathan Anderson cited the toll of the ‘rather intense, and at times, all-encompassing’ nature of the work as the reason to shut Hindenburg Research. Adani stocks opened high on Thursday, some rallying

The shock announcement late on Wednesday comes just four days before President-elect Donald Trump’s inauguration amid speculation — with no real confirmation — that the two events might be linked

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.

Nathan Anderson announced the disbandment of the firm, shared his journey and the team’s impact on financial investigations in his farewell note. He aims to open-source their methods while ensuring team members transition to new opportunities.

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.

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 on