Last Updated on 10/08/2024 by wccexam Desk
American short selling firm Hindenburg has created a stir by posting on the social media platform X. People on social media are asking each other whose turn is coming next. Stock market investors are also scared that on which company or stock Hindenburg Research is going to present its report now? Meanwhile, some funny memes are also going viral.
Actually, Hindenburg Research has shared a post on the social media platform Eks, in which it is written – ‘Something big soon India’. After this post, there has been a flood of memes. People are seeing this post as a sign of a big disclosure on Indian companies. However, Hindenburg has not given any other information about this.
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funny memes going viral
#Hendenburg has become a top trend on social media. Users are writing about whom the American short selling firm is going to make a big disclosure about. One user wrote that the billionaires of India should get ready for whoever is going to be next.
While sharing the memes of Panchayat 3, a user wrote- Indian billionaires are thinking ‘don’t take my name’… A stock market investor wrote- ‘The portfolio is already red. What does he want now brother’ One wrote that brother don’t reduce my money to half…
A report came on Adani last year
In January 2023, Hindenburg Research released a report targeting Gautam Adani’s Adani Group. This report created a stir because Hindenburg had made many serious allegations against the Adani Group. As soon as the Hindenburg Research report came out, all the shares of Adani Group fell sharply and Gautam Adani slipped from the world’s number 2 billionaire to number 36, as there was a record decline in his wealth. However, now Gautam Adani is at the 12th position.
Valuation had decreased by 86 billion dollars
After the report on Adani Group came on 24 January 2023, there was a huge decline in all the shares, after which the valuation of the company also fell sharply. The situation was such that the valuation of Adani Group had decreased by $ 86 billion in a few days. This huge fall in the share price later led to a huge sale of the group’s foreign listed bonds.
Source (PTI) (NDTV) (HINDUSTANTIMES)