There was no evidence of stock price manipulation in Adani Group companies, a Supreme Court-appointed expert panel — which looked into allegations levelled by US-based short seller Hindenburg Research on January 24 — has said in its report.
Short seller Hindenburg Research on Thursday initiated a short position in Icahn Enterprises LP (IEP.O) bonds and said the investment firm led by billionaire…
A short-seller report on Icahn Enterprises is, to say the least, unflattering. Regional banks continued Tuesday's slide, and AMD dropped on a weak forecast.
In its research, Hindenburg showed that the valuation of IEP units was unfairly increased by over 75 per cent and that "IEP trades at a 218% premium to its last reported net asset value (NAV), vastly higher than all comparables."