Birdwatch Note Rating
2024-08-10 17:09:43 UTC - HELPFUL
Rated by Participant: A54AE892544F3774E77BAFE81BFF74AA56451EBECEDA7CADA62F3BAF9FB296B2
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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