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Shares of Wirecard AG (WRCDF;WCAGY) took a massive hit on Friday (May 31), putting a (tentative) end to a strong recovery.
Once again the trigger seems to be a news report. This time however it has nothing to do with accounting irregularities in Singapore. Neither - unlike on prior occasions - was it the British Financial Times who broke the news. Germany's Handelsblatt reports that prosecutors from Germany and Austria suspect Wirecard has been the central payment provider for a network of fraudulent options trading websites. At the center of the