Birdwatch Note Rating
2024-08-10 20:43:12 UTC - HELPFUL
Rated by Participant: A7D7DFD8F927A20BA40E0E7AF9C61E1918B582F9327C8120D0D89860AE51C96A
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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