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Hindenburg is an investment firm that researches publicly-traded companies and shorts their stocks if they find sufficient evidence of investor fraud before releasing its report.
What a wild business plan. I’m amazed it’s legal.
It’s kinda scummy to manipulate the market as such, but it’s much more scummy to partake in the fraud.
They’re like the anti-hero of this story.
Hilarious name too, honestly.
The Crash n’ Burn Bois
Short sellers provide benefit to society by finding and shaming doomed businesses so they fail faster and don’t suck up as many resources.
They also have a proud history of uncovering outright fraud.
In business, the people complaining loudest about short sellers are emperors with no clothes.