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Adani Group stocks gain as Hindenburg Research ceases operations
Adani Group stocks gain as Hindenburg Research ceases operations
  • All Adani Group stocks were trading in the green on Thursday.
  • Hindenburg Research announced its immediate closure after completing its “pipeline of ideas.”
  • Hindenburg’s allegations against Adani earlier wiped billions off its valuation.
Adani Group stocks surged today as Hindenburg Research, the short-selling firm infamous for its critical reports, announced its immediate closure. Hindenburg’s founder, Nate Anderson, cited the completion of their “pipeline of ideas” as the reason for the firm’s shutdown. The market’s response indicates renewed investor confidence in Adani Enterprises and its subsidiaries. Adani stocks cheers […]
January 16, 2025

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