Shares of Adani Group Have Dropped Even Lower as the Company Considers Taking Legal Action Against a Short-Selling Firm Hindenburg Research
The stock prices of companies in the Adani Group declined for a second day in a row after Hindenburg, a short seller firm, revealed that it had taken a short position in the group’s entities. Hindenburg reiterated its original stance, making it clear that Adani has not responded to the issues raised in its accusations …