Hindenburg Research

Lordstown Motors Corp (NASDAQ: RIDE) CEO Steve Burns was on CNBC Thursday morning to address recent short-seller allegations of fraud. What Happened: Commenting on Hindenburg Research's report against Lordstown, CNBC's Phil Lebeau told the electric automaker CEO Steve Burns he came on...

Here we go again. Almost six months to the day after its broadside alleging fraudulent business practices at startup Nikola Motors (NASDAQ: NKLA), short seller Hindenburg Research is firing on electric pickup truck startup Lordstown Motors Corp. (NASDAQ: RIDE). Similar claims. Different details....

Lordstown Motors Corp. (NASDAQ: RIDE) shares dropped Friday after a bearish short report was released by Hindenburg Research. The stock initially took a plunge near 20% Friday and was down 14.03% at $15.22 at last check.  Lordstown Technical Levels To Watch: The short-term, 5-minute chart...

Shares of Clover Health were falling Friday in the wake of a short report on the company from Hindenburg Research and subsequent disclosure of a Department of Justice investigation into the company. What Happened: Hindenburg Research released a report Thursday alleging that ...

One of the hot small cap stocks this week is Microvision Inc (NASDAQ: MVIS), with shares up 84% in the last five days. Shares are moving again Tuesday. What Happened: A new patent was issued to Microvision that covers “scanning 3D imaging device with power control using multiple...

Investors may have found warning signs about Nikola Corporation (NASDAQ: NKLA) founder Trevor Milton if they had bothered to look, Financial Times reported today in one of its regular "Big Read" features. Due Diligence Gaps: The British newspaper dug into Milton's business history,...

Hidenburg Research is best known of late for its short report on Nikola Corporation (NASDAQ: NKLA), saying the company falsified a video showing the company's hydrogen power SUV driving when it in fact was simply rolling down a hill with the help of gravity. Now Hindenburg has set its...

Nikola Corporation (NASDAQ: NKLA), in a regulatory filing on Monday, disclosed that the company is facing legal proceedings from multiple federal bodies, stemming from the short seller allegations in September. The electric vehicle company, along with current and former employees, has...

Shares of Loop Industries Inc (NASDAQ: LOOP) were falling Wednesday after the maker of sustainable plastic products confirmed that Coca-Cola Co (NYSE: KO) terminated a multiyear contract. What Happened: Coca-Cola Cross Enterprise Procurement Group notified Loop Industries because it "did...

A month after short seller Hindenburg Research issued a bearish report that took down Nikola Corporation (NASDAQ: NKLA) and its chairman Trevor Milton, Hindenburg released a report on Loop Industries Inc (NASDAQ: LOOP) that sent the stock crashing more than 35% on Tuesday. Loop claims to be a...

Nikola Corporation (NASDAQ: NKLA) founder Trevor Milton seems to have deleted his account on the Twitter social media platform. What Happened: Milton’s Twitter account, where he frequently posted — was first locked to unapproved viewers and subsequently deleted or...

Editor's Note: Adds additional comment from Osborne Nikola Corp. (NASDAQ: NKLA) Executive Chairman Trevor Milton is out at the electric truck startup he founded following a brutal report 10 days ago by a short seller of Nikola stock that accused him of lying about the company's technology...

Nikola Corporation (NASDAQ: NKLA) Executive Chairman Trevor Milton has voluntarily left his role at the electric vehicle maker, the company announced early Monday. FreightWaves earlier reported the news, citing anonymous sources. What Happened: Stephen Girsky, former Vice Chairman of...

Nikola Corporation (NASDAQ: NKLA) were trading slightly higher Wednesday afternoon during another volatile trading day following allegations of fraud by short seller Hindenburg Research last week. Nikola bulls are hoping the share price has found support following news that both the SEC and the...

Hindenburg Research, the short seller that successfully beat down Nikola Corporation (NASDAQ: NKLA) share price by 40%, fired more shots at the beleaguered electric truck startup on Tuesday. Nikola refused to engage amid a report of a possible Securities and Exchange Commission (SEC) inquiry....