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

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines