Why Paysafe’s Stock Is Trading Lower Today
Paysafe Ltd (NYSE: PSFE) is trading lower Monday after the company reaffirmed third-quarter revenue guidance below estimates and announced the acquisition of SafetyPay for $441 million.
Paysafe Stock Falls After Acquiring SafetyPay For $441M; Q2 Results
Payments platform Paysafe Ltd (NYSE:PSFE) reported second-quarter FY21 revenue growth of 13% year-on-year to $384.3 million, beating the analyst consensus of $378.45…
Paysafe Q2 Sales $384.30M Beat $377.98M Estimate
Paysafe (NYSE:PSFE) reported quarterly sales of $384.30 million which beat the analyst consensus estimate of $377.98 million by 1.67 percent.
Earnings Scheduled For August 16, 2021
Companies Reporting Before The Bell
• Entera Bio (NASDAQ:ENTX) is likely to report earnings for its second quarter.
• Data Storage (NASDAQ:DTST) is expected to report earnings for its second quarter.
B of A Securities Initiates Coverage On Paysafe with Buy Rating, Announces Price Target of $15
B of A Securities analyst Jason Kupferberg initiates coverage on Paysafe (NYSE:PSFE) with a Buy rating and announces Price Target of $15.
Understanding Paysafe’s Unusual Options Activity
On Wednesday, shares of Paysafe (NYSE:PSFE) saw unusual options activity. After the option alert, the stock price moved down to $10.34.
Cramer Gives His Opinion On Skyworks Solutions, Paysafe And More
On CNBC's "Mad Money Lightning Round," Jim Cramer said EVgo Inc. (NASDAQ: EVGO) is one of his favorites.