Shares of Paysafe (PSFE) moved down after the company released its second-quarter earnings results. The stock price lost 1.3%, to close at $8.51 on August 17. Paysafe Ltd. is a payments platform that offers businesses and consumers secure payment solutions. The company has three business segments: digital wallets, eCash solutions, and integrated processing. With a market capitalization of $6.16 billion, Paysafe lost almost 20% in the past five days and 29% over the last three months. (See Paysafe Dividend Date and History on TipRanks) It's worth mentioning that, despite announcing positive second-quarter revenue figures, Paysafe's stock was unable to garner traction among investors. Clearly, something went wrong somewhere.
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Paysafe (NYSE:PSFE)
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