Temenos shares plunge 25% after Hindenburg unveils short position

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Temenos shares tumbled by more than 25% in volatile trading after Hindenburg Research said it had taken a short position in the Swiss software firm and alleged accounting irregularities in a report it published on Thursday. Temenos representatives did not immediately respond to email and telephone requests for comment. Temenos shares were down 27% at 64.18 francs as of 1222 GMT, with trading halted numerous times.