Category: Hindenburg
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Nursing Home Operator PACS Sinks After Hindenburg Short Report
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(Bloomberg) — Shares of nursing home operator PACS Group Inc. fell. by 28% on Monday after Hindenburg Research released a short report alleging that the company was – among other things – “systematically defrauding taxpayers.” Most read from Bloomberg The decline halted volatility in the health care company’s stock, and…
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Hindenburg Claims Sebi Chief Has Adani Conflict Which She Denies
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Breadcrumbs Path Links PMN Business Hindenburg Research has accused the head of India’s market regulator of a conflict of interest, which it says prevented a thorough examination of allegations of manipulation and fraud at the Adani Group, an allegation she has strongly denied. Article author: Bloomberg News Menaka Doshi Published…