Tag: Hidenburg Report
Hindenburg Research: A Controversial Short-Selling Research Firm
Hindenburg Research is a short-selling research firm that specializes in investigating and publishing reports on publicly traded companies that it believes to be overvalued or engaging in fraudulent activities.
Adani Enterprises calls off FPO, Money to be returned to investors
After the company’s stock price crashed 28% , billionaire Gautam Adani Enterprises called off its Rs. 20,000 crore follow – on public offer (FPO) and said money will be returned to investors. The decision to not proceed with the FPO despite full subscription was taken at a meeting of the board of directors of the company today.