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

1. Flywire under investigation for possible securities fraud by Pomerantz LLP. 2. Company reported a $15.9 million net loss in Q4 2024. 3. Flywire's stock dropped 37.4% to $11.05 after financial results release. 4. 10% workforce reduction announced amid lowered 2025 guidance.

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FAQ

Why Very Bearish?

The investigation and significant financial losses significantly undermine investor confidence, evidenced by the sharp stock drop after the Q4 announcement. Historical examples include stocks like Luckin Coffee, which saw similar losses tied to fraud allegations.

How important is it?

The gravity of the allegations and the financial losses directly impact FLYW's market perception, making it highly likely to affect its price.

Why Short Term?

The immediate response in stock price due to the investigation and financial performance suggests short-term market reactions are likely. Past instances show stocks often recover only after resolution of such investigations.

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NASDAQ: FLYWNASDAQ: LKNCYNASDAQ: HLBZ
NEW YORK, April 25, 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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