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News, North America

Short-seller Hindenburg takes aim at Ormat, shares fall

March 1 (Reuters) – Short-seller Hindenburg Research said on Monday it has a short position on renewable energy company Ormat Technologies Inc’s shares, accusing the company of corruption.

Ormat’s stock fell over 6% in premarket trading after the Hindenburg report. (Reporting by Shariq Khan in Bengaluru. Editing by Maju Samuel)

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