Birdwatch Note Rating
2024-08-11 09:05:51 UTC - HELPFUL
Rated by Participant: D33E5D2765BE80139A9C4C81B9922F2F836EE39283C8295FEA811BD3B14D6680
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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