Nate Anderson, known for his high-profile bets against companies like Nikola and Adani Group, has retired from activist short selling. He cites the demanding nature of the job and the challenging market conditions for short sellers as reasons for his exit. Anderson's departure leaves a void in the activist short selling space, a strategy that has become increasingly difficult in a bull market.
Nate Anderson , the founder of Wall Street’s top activist short seller Hindenburg , announced this month that he was hanging up his boots. He is just the latest high profile investor to call it quits. Anderson, who was best known for betting against electric-vehicle manufacturer Nikola, Carl Icahn, and India’s Adani Group, blamed the “intensity and focus” of the job.
He first made a name for himself over a decade ago as a bank analyst, releasing a critical report of outsourcing company Connaught, with its chief executive calling his work a “masterful feat of incompetence”. The company filed for bankruptcy less than a year later. In 2016 under the pseudonym Zatarra Research, Earl and fellow short seller Fraser Perring anonymously released a report on Wirecard which brought attention to money laundering and fraud.
Activist Short Selling Hindenburg Nate Anderson Market Conditions Hedge Funds
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Coronation Street Star Sam Aston 'Exposed' by Co-Star for Skating Talent on Dancing On IceSam Aston, known for his role as Chesney Brown in Coronation Street, is set to appear on Dancing On Ice 2025. His co-star, Jack P. Shepherd, has revealed that Aston's skating skills are impressive, claiming he's 'ahead of the curve' as no one else is skating backwards. Despite the praise, Aston remains humble and excited to showcase his abilities beyond his well-known soap character.
Read more »
Coronation Street Star Sally Ann Matthews 'Gutted' Over Co-Star's ExitSally Ann Matthews, known for her role on Coronation Street, expressed her sadness over Charlotte Jordan's departure from the show. Jordan played Craig Tinker and announced his exit in January. Matthews shared her disappointment on social media, and a source revealed that Matthews is also unhappy with the direction of the show.
Read more »
Carlsen to Play World Blitz Championship After Wall Street Dress Code DisputeMagnus Carlsen will compete in the World Blitz Championship after initially withdrawing due to a dress code dispute during the Rapid Championship.
Read more »
Gold set to rally further this year, say Wall Street banksYellow metal expected to continue to benefit from buying by global central banks
Read more »
Wall Street Stocks Rally on Manufacturing Data and Political StabilityUS stock markets closed stronger on Friday, ending a week of losses. Positive manufacturing data and the re-election of Mike Johnson as Speaker of the House contributed to investor optimism.
Read more »
Wall Street Rallies on Manufacturing Data and Political StabilityStocks on Wall Street rebounded on Friday, closing out the first week of 2025 on a positive note. The S&P 500 surged 1.3 percent, its largest gain since November 6th, 2024, ending five consecutive days of losses. The Nasdaq Composite also climbed 1.8 percent, fueled by a strong showing from Tesla and Nvidia. The rally came despite a shortened trading week due to New Year’s Day and was attributed to a combination of factors, including positive manufacturing data, a smooth House Speaker election, and bargain-hunting opportunities after recent sell-offs.
Read more »