Birdwatch Note Rating
2024-08-10 17:36:30 UTC - HELPFUL
Rated by Participant: 448A88CE57E66F5FB2CEC719F3E27345A3B883514EB822DF7786E4EDB8975503
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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