Lost Money on Flywire Corporation (FLYW)? You May Have Been Affected by Fraud - Contact Levi & Korsinsky
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Levi & Korsinsky has initiated an investigation into Flywire Corporation (NASDAQ:FLYW) for potential violations of federal securities laws. Flywire reported a Q4 2024 net loss of $15.9 million, missed estimates, and announced a 10% workforce reduction.
March 11, 2025 | 2:45 pm
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Flywire Corporation is under investigation for potential securities law violations after reporting a Q4 2024 net loss of $15.9 million and missing estimates. The company also announced 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. Legal issues and financial underperformance typically lead to decreased investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100