This post was originally published on this site
https://images.mktw.net/im-55147852
Shares in a Swiss software maker plunged as much as 34% on Thursday after short-seller Hindenburg Research accused the company of manipulating its accounts.
In a report, the short seller said its four-month-long investigation had revealed “major accounting irregularities” at Temenos CH:TEMN, as the New York fund said it has now started shorting the Swiss company’s shares. Temenos was approached by MarketWatch for comment.
The…
Master your money.
Subscribe to MarketWatch.
Get this article and all of MarketWatch.
Access from any device. Anywhere. Anytime.
Already a subscriber?
Log In
