: Paysafe stock walloped after earnings: ‘There is no sugar coating’ disappointing results

Shares of Paysafe Ltd. plunged more than 40% in heavy trading Thursday after the financial-technology company delivered a weak outlook driven by pressures to its digital-wallet business.

Shares of Paysafe Ltd. plunged more than 40% in heavy trading Thursday after the financial-technology company delivered a weak outlook driven by pressures to its digital-wallet business.