Advertisement
Australia markets closed
  • ALL ORDS

    7,935.70
    -99.20 (-1.23%)
     
  • AUD/USD

    0.6639
    -0.0019 (-0.29%)
     
  • ASX 200

    7,665.60
    -101.10 (-1.30%)
     
  • OIL

    80.46
    +0.63 (+0.79%)
     
  • GOLD

    2,346.80
    -9.70 (-0.41%)
     
  • Bitcoin AUD

    102,274.90
    -948.00 (-0.92%)
     
  • CMC Crypto 200

    1,462.87
    -21.83 (-1.47%)
     

Paysafe Had Its ‘Best Quarter Yet.’ The Stock Jumps.

Paysafe Had Its ‘Best Quarter Yet.’ The Stock Jumps.

Paysafe stock was rising sharply Tuesday after the payments company posted first-quarter financial results that beat Wall Street estimates. Susquehanna Financial Group analyst James Friedman said in a research note that Paysafe “delivered its best quarter yet as a public company.” Shares of Paysafe were rising 24% Tuesday to $19.36, which would be their highest close since March 9, 2023 and largest percentage increase since Nov. 14, 2023, according to Dow Jones Market Data.