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PSFE - Paysafe Stock Soared Today -- Is the Market Overreacting?
Paysafe Limited
Paysafe (NYSE: PSFE) investors pushed the payment processing company's share price up 10% Wednesday after the company reported its fourth-quarter results. But is the market overreacting to Paysafe's most recent financial results? Let's take a closer look.
Investors were no doubt pleased that the company reported fourth-quarter sales that beat the company's own revenue guidance and outpaced Wall Street's expectations.