Wirecard shares open 46% lower as company says missing cash probably doesn't exist

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Wirecard shares undefined opened 46% lower on Monday as the German payments processing firm said a missing 1.9 billion euros of cash probably does not exist....

Wirecard shares WDI, -35.28% opened 46% lower on Monday as the German payments processing firm said a missing 1.9 billion euros of cash probably does not exist.

Wirecard said it's having"constructive discussions" with its lenders about its credit lines, is considering cost cuts and the disposal of business units and product segments.

 

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