Adani Stock Takes $100 Billion Hit: What to Know | WSJ


Shares of companies linked to Indian billionaire Gautam Adani plunged after short seller Hindenburg Research published a scathing report accusing his company of wide-ranging fraud.

The conglomerate said the report is full of “baseless” allegations.

WSJ’s Ben Foldy explains what to know.

Illustration: Ryan Trefes

#Adani #Stocks #WSJ

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