Hindenburg Research, an investment research firm with a focus in activist short-selling which also publishes reports on alleged fraud by other companies, has chosen DraftKings (DKNG) as its next target. Shares were down around 7% after Hindenburg announced that it would be taking a short position on the American sports betting operator. “This report is written by someone who is short on DraftKings stock with an incentive to drive down the share price,” a statement Yahoo Finance received… Source link
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