The global online payments platform Paysafe, Ltd. (PSFE) has recently caught the attention of Reddit Wallstreetbets and is trending higher on the news of joining the Russell 3000 list. Following the news, shares jumped as much as 18% to hit an intra-day high of $13.19 on Friday. Shares gained 9.9% in just one day to close at $12.21 on June 25, as against an increase of 8.8% in one month and a decline of 9.6% from the company’s listing on March 31, 2021. The Russell 3000 index consists of the 3,000 biggest U.S. stocks based on their market capitalization.
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Paysafe (NYSE:PSFE)
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Paysafe (NYSE:PSFE)
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