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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Flywire Corporation - FLYW

1. Pomerantz LLP is investigating securities fraud claims against Flywire. 2. Flywire reported a net loss of $15.9 million in Q4 2024. 3. The company missed key financial estimates and lowered 2025 guidance. 4. Flywire announced a 10% workforce reduction as part of its restructuring plan. 5. Following these results, FLYW's stock plummeted 37.4% in one day.

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FAQ

Why Very Bearish?

FLYW's significant financial loss and stock price drop indicate weak performance and investor dissatisfaction.

How important is it?

The investigation into possible fraud and restructuring efforts adds uncertainty to FLYW's financial stability.

Why Short Term?

Immediate legal investigations and recent losses will likely overshadow FLYW's near-term outlook.

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NEW YORK, April 17, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of  Flywire Corporation (“Flywire” or the “Company”) (NASDAQ: FLYW).  Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Flywire and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class 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. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. Attorney advertising. Prior results do not guarantee similar outcomes.    CONTACT:Danielle PeytonPomerantz LLPdpeyton@pomlaw.com646-581-9980 ext. 7980

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