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Temenos sinks most in 21 years on Hindenburg short report

Temenos Sinks Most in 21 Years on Hindenburg Short Report

(Bloomberg) — Temenos AG plunged by nearly a third, slashing its market value by $2.2 billion, after Hindenburg Research took a short position and alleged serious flaws in the books of the Swiss banking software company. The report by Hindenburg, an activist short-seller founded by Nate Anderson, refers to “major accounting irregularities” and says Temenos…

Temenos Sheds $2 Billion as Hindenburg Finds Latest Short Target

(Bloomberg) — 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. The Swiss company denied the report, saying it contained “factual inaccuracies and analytical errors, together with false…

Investors spur CEO exits in Europe

Thibault De Tersant - All News And Posts By Crowdfund Insider

Thibault De Tersant - All News And Posts By Crowdfund Insider
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