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Feb 16, 2024 · -2.41% Temenos shares continued to crash on Friday, despite the Swiss technology firm’s attempt to hit back at allegations made by short seller Hindenburg Research that have knocked more than $2...
Apr 15, 2024 · An independent review rejected allegations made Hindenburg Research that knocked $2 billion off Temenos’ market capitalization in February.
An independent review rejected allegations made Hindenburg Research that knocked $2 billion off Temenos’ market capitalization in February.
Feb 15, 2024 · Temenos AG plunged by nearly a third, slashing its market value by $2.1 billion, after Hindenburg Research took a short position and suggested serious flaws in the books of the Swiss provider...
Feb 15, 2024 · Temenos AG plunged by nearly a third, slashing its market value by $2.1 billion, after Hindenburg Research took a short position and suggested serious flaws in the books of the Swiss provider of software for banks.
- Allegra Catelli
- Bloomberg News
- acatelli@bloomberg.net
Shares in Temenos crashed another 8% on Tuesday having lost 30% of their value since publication of Hindenburg Research's report.
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The Swiss banking technology company has seen its share price drop by 30% over the past week, in the wake of allegations made by the New York short seller that it manipulated its balance sheets...
