Business

Paysafe stock walloped after earnings: ‘There is no sugar coating’ disappointing results

Shares of Paysafe Ltd. plunged greater than 40% in heavy buying and selling Thursday after the financial-technology firm delivered a weak outlook pushed by pressures to its digital-wallet enterprise.

The inventory was probably the most actively traded on main exchanges Thursday.

Paysafe PSFE noticed its third-quarter income dip to $353.6 million from $355.5 million…

https://www.marketwatch.com/story/paysafe-stock-walloped-after-earnings-there-is-no-sugar-coating-disappointing-results-11636649029?rss=1&siteid=rss | Paysafe inventory walloped after earnings: ‘There is no such thing as a sugar coating’ disappointing outcomes

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