Adani firms lose $65 billion in value as U.S. short-seller battle escalates

Capt. John

Most Adani Group shares fell sharply on Monday as the Indian conglomerate’s rebuttal of a U.S. short-seller’s criticism failed to pacify investors, deepening a market rout that has now led to losses of $65 billion in the group’s stock values. Led by Asia’s richest man Gautam Adani, the Indian group...

https://www.hellenicshippingnews.com/adani-firms-lose-65-billion-in-value-as-u-s-short-seller-battle-escalates/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon