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https://www.barrons.com/articles/paysafe-psfe-stock-guidance-51636647445

  • Feature

Paysafe Cuts Guidance. The Stock Is Falling Hard.

By
Karishma Vanjani
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Paysafe was falling sharply Thursday after the the online payments company reported third-quarter sales that missed estimates and it made downward revisions to its full-year outlook.

Shares of Paysafe (ticker: PSFE) plummeted 41.1% to $4.28 on Thursday.

Paysafe reported sales of $354 million in the quarter, below analysts’ forecasts of $370.6...

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