Birdwatch Note Rating
2024-08-10 17:15:05 UTC - HELPFUL
Rated by Participant: C689D76A9AB29FFE5752C60C6618E8097B11456AD50090289E22236E76E2D58E
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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