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A short-seller known for hitting companies hard in published reports has accused construction software maker Textura Corp. of misrepresenting its financial prospects and the background of its chief executive and co-founder, Patrick Allin.
Textura's shares (NYSE: TXTR) fell 17% in trading on the day the report appeared, Dec. 26th, and closed at $31.30. The next day the shares dipped further, closing at $29.54.
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