Short seller Hindenburg shorts Carvana, claiming the company's turnaround is a “mirage” that's being propped up by unstable loans and accounting manipulation
Michael Wayland / CNBC :
Short seller Hindenburg releases a report accusing Roblox of inflating user metrics to investors and prioritizing growth over protecting minors; RBLX drops 5%+
Research firm alleges the videogame company has exaggerated user data and engagement figures — Short-selling firm Hindenburg Research …
Super Micro delays filing its annual financial disclosures, a day after short-seller Hindenburg Research alleged “glaring accounting red flags”; SMCI drops 25%+
- Delay follows Hindenburg short alleging ‘accounting red flags’ — Shares of the server maker tumbled after trading opened
Memo: Block says 44M of its 51M+ Cash App MAUs were verified via its IDV program as of December 2022, after Hindenburg claimed Block overstated user numbers
Manya Saini / Reuters :
Block drops 10%+ after Hindenburg Research discloses a short position and alleges the company overstated user numbers and understated customer acquisition costs
Hindenburg report TechCircle : Hindenburg accuses Jack Dorsey's Block of fraud, manipulating user numbers Sergio Goschenko / Bitcoin News : Hindenburg Research Blasts Jack Dorsey's Block, Alleges It F...