Things Continue To Get Uglier With Paysafe’s Stock

Paysafe Ltd (NYSE: PSFE) shares are falling lower Monday, after the company announced its third-quarter guidance and missed expectations. For the third quarter, the company said it expected revenue of between $360 million and $375 million. Analysts were calling for revenue of $384.4 million.

Paysafe was down 12.49% at $8.93 at last check Monday.
Paysafe Daily Chart Analysis

  • The stock dipped lower in what technical traders call a falling wedge pattern.

  • The stock trades below both the 50-day…


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