1. Faruqi & Faruqi is investigating potential claims against Flywire. 2. Flywire recently reported a net loss of $15.9 million. 3. Stock price dropped 37.4% to $11.05 after poor earnings. 4. A restructuring plan includes a 10% workforce reduction. 5. Investors with losses encouraged to discuss legal options.
The substantial earnings miss and stock drop indicate significant investor concerns, analogous to historical instances like Enron's collapse.
The investigation and poor earnings sharply impact investor confidence and stock performance.
Immediate investor sentiment will be affected by recent earnings and litigation investigations, akin to how recent earnings impacts have caused rapid stock declines in past cases.
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Significant Losses In Flywire To Contact Him Directly To Discuss Their Options
If you suffered significant losses in Flywire stock or options and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Flywire Corporation ("Flywire" or the "Company") (NASDAQ:FLYW).
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
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.
To learn more about the Flywire investigation, go to www.faruqilaw.com/FLYW or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Follow us for updates on LinkedIn, on X, or on Facebook.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250909412479/en/
Faruqi & Faruqi, LLP
Josh Wilson
877-247-4292 or 212-983-9330 (Ext. 1310)