Traders work on the floor of the New York Stock Exchange during morning trading on Jan. 31, 2024. Michael M. Santiago | Getty Images Shares in Swiss software company Temenos were down over 6% on Friday afternoon, extending Thursday’s losses when they closed over 28% lower. Temenos on Thursday released a statement saying its board … Read more
MUMBAI: Days after the Supreme Court asked Sebi to probe if losses due to short selling in Adani stocks were in violation of any law, the markets regulator on Friday made disclosures mandatory for such trades and allowed institutional investor participation. Short selling was earlier restricted to retail and HNI investors, but without disclosure requirement.The … Read more
An electronic ticker displays stock price information on a totem sign outside the Tel Aviv Stock Exchange in Tel Aviv, Israel, on Tuesday, Nov. 7, 2023. Bloomberg | Bloomberg | Getty Images The head of trading at the Tel Aviv Stock Exchange criticized “flawed analysis” in a recent research report that documented short selling ahead … Read more
SenseTime, a Chinese artificial intelligence company, has filed to go public in Hong Kong. The move comes as China continues to tighten regulation on the country’s technology giants. Pavlo Gonchar | SOPA Images | LightRocket | Getty Images Shares of SenseTime fell as much as 9.7% on Tuesday after U.S. short seller Grizzly Research alleged … Read more