Levi & Korsinsky Reminds Flywire Corporation Investors of the Ongoing Investigation into Potential Violations of Securities Laws - FLYW
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Levi & Korsinsky has initiated an investigation into Flywire Corporation for potential securities law violations. Flywire reported a Q4 2024 net loss of $15.9 million, missed estimates, and announced a 10% workforce reduction.
March 07, 2025 | 8:15 pm
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Flywire Corporation is under investigation for potential securities law violations after missing Q4 2024 estimates, reporting a $15.9M net loss, and announcing a 10% workforce reduction.
The investigation into potential securities law violations, combined with missing financial estimates and a significant workforce reduction, is likely to negatively impact Flywire's stock price in the short term. These factors suggest financial instability and potential legal challenges.
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