Birdwatch Note Rating
2024-08-11 05:46:24 UTC - HELPFUL
Rated by Participant: 2433A9903C7AD47D749685A62427222B6BC6D3B108B5DF77D4657186AE4D2139
Participant Details
Original Note:
Hindenburg, which has the backing of several investors, also makes financial bets that the stocks of the companies Mr. Anderson is targeting will fall after the firm issues its research. When the stocks do fall, Hindenburg makes its money in what is called a “short” trade https://www.nytimes.com/2021/08/16/business/short-seller-wall-street-scams-hindenburg.html
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