The Supreme Court of India (SC) has today dismissed an application in US-based short seller firm Hindenburg-Adani Group matter, according to an ANI report. The apex court dismissed an application filed by a lawyer who challenged the bench’s August 5, 2024 registrar order which declined to register his previous application in the matter, it added. The application rejected by Registrar …
Read More »Short Seller Hindenburg Research Targets Carvana Stock
Notorious short seller Hindenburg Research has targeted online used car retailer Carvana (CVNA), calling the company’s turnaround strategy a “mirage.” The report by Hindenburg Research, which has shorted Carvana stock, claims the company is engaged in accounting manipulation. Titled “Carvana: A Father-Son Accounting Grift For The Ages,” the report focuses on the practice of loan sales as …
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