The Prolific Short-seller Hindenburg Research Goes After Elon Musk’s Twitter Takeover Deal, Citing “Nosebleed” Leverage, Overvalued Offer Price, and “Undue Pressure” on Tesla Shares
https://wccftech.com/the-prolific-short-seller-hindenburg-research-goes-after-elon-musks-twitter-takeover-deal-citing-nosebleed-leverage-overvalued-offer-price-and-undue-pressure/
Twitter (NYSE:TWTR) shares are tanking in early trading today as the prolific short-seller, Hindenburg Research, is now out with a hard-hitting report on Elon Musk's takeover gambit.
Hindenburg Research is perhaps best known for knocking down Nikola Motors from its lofty perch back in 2021. Given the research house's respectable credentials, it is hardly surprising that Twitter shares are currently down nearly 4 percent in today's regular trading session.