Hindenburg Research's founder Nathan Anderson announced on Wednesday he would disband the firm whose short reports on companies typically led to sharp plunges in the stock prices, and in some cases, investigations by authorities.

Anderson, who founded Hindenburg in 2017, explained in a post on the company’s website that the decision was prompted by the

When Hindenburg Research posts a blog on its website, it often means a company's final days are near. Today, that company is Hindenburg Research. Nate

Hindenburg, a U.S-based short seller and independent research firm that accused Nigerian agri-fintech Tingo Group of

Founder Nathan Anderson says he and his team are ready to move on to the next chapter in their lives after just eight years.

The firm bet against publicly listed companies they believed had accounting issues, was being mismanaged or committing fraud, typically following a long period of investigation

Through his firm Hindenburg Research, Nate Anderson has targeted companies such as Roblox, DraftKings, and billionaire Carl Icahn's Icahn Enterprises.

Founder Nate Anderson said there was no specific reason for shutting down now other than a “desire for relief.”

One of Wall Street's most famous short sellers is calling it quits. Hindenburg Research attributed the decision to a career that "has come at the cost of missing a lot of the rest of the world and the people I care about,

Hindenburg Research's Nathan Anderson—the man known for targeting billionaires Gautam Adani, Jack Dorsey, and Carl Icahn—announced he's disbanding his small but renowned firm. Anderson cited the "rather intense,