StockNews.AI
FLYW
StockNews.AI
165 days

FLYWIRE ALERT: Bragar Eagel & Squire, P.C. is Investigating Flywire Corporation on Behalf of Flywire Stockholders and Encourages Investors to Contact the Firm

1. Bragar Eagel & Squire investigates Flywire for potential securities law violations. 2. Flywire reported a net loss of $15.9 million in Q4 2024. 3. The company lowered its 2025 guidance and announced workforce cuts. 4. Flywire's stock saw a significant drop of 37.4% to $11.05 following the news. 5. Investigations could lead to further declines or legal issues for Flywire.

4m saved
Insight
Article

FAQ

Why Very Bearish?

The substantial loss and stock drop indicate investor distrust. Historical cases like these often result in extended downturns.

How important is it?

The ongoing legal investigation and financial losses are critical signals for investors.

Why Short Term?

Immediate legal investigations can cause rapid market reactions, influencing stock price negatively in the near term.

Related Companies

NEW YORK, March 06, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Flywire Corporation (“Flywire” or the “Company”) (NASDAQ:FLYW) on behalf of Flywire stockholders. Our investigation concerns whether Flywire has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. On February 25, 2025, Flywire released its fourth quarter 2024 financial results. Among other items, Flywire missed consensus estimates with respect to key metrics, reported a net loss of $15.9 million, lowered its 2025 guidance, and announced a restructuring plan that includes a 10% reduction in its workforce. On this news, Flywire's stock price fell $6.59 per share, or 37.4%, to close at $11.05 per share on February 26, 2025. If you purchased or otherwise acquired Flywire shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at investigations@bespc.com, by telephone at (212) 355-4648, or by filling out this contact form.  There is no cost or obligation to you. About Bragar Eagel & Squire, P.C.: Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes. Follow us for updates on LinkedIn, X, and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn and X. Contact Information: Bragar Eagel & Squire, P.C.Brandon Walker, Esq.Marion Passmore, Esq.(212) 355-4648investigations@bespc.comwww.bespc.com

Related News