Influential Activist Short-Seller Firm Hindenburg Research Says It Is Shutting Down
Founder Nathan Anderson says he and his team are ready to move on to the next chapter in their lives after just eight years. Activist short-seller firm Hindenburg Research is calling it quits after an impactful eight-year run in which its reports took on high-profile investors like Carl Icahn and Gautam Adani and helped take down companies like electric-truck manufacturer Nikola Corp.In an email to followers, Hindenburg's 40-year-old founder Nathan Anderson said he and his team were ready to move on to the next chapter in their lives and that he wanted to spend more time with his family and people close to him."There is not one specific thing - no particular threat, no health issue, and no big personal issue." Anderson wrote. "I now view Hindenburg as a chapter in my life, not a central thing that defines me.". In the few short years since Anderson launched the firm in 2017, Hindenburg - named after the famed Nazi airship that exploded in 1937 - repeatedly rocked markets with probes in