WRCDF - Wirecard: Tragic Comedy Or Comical Tragedy?
Wirecard (WRCDF) (WCAGY), the poster child of the European fintech sector, is facing an unprecedented crisis following numerous reports from the Financial Times claiming criminal activities at its Singapore office and numerous denials by the company's management.
Source: Wirecard
This back-and-forth flow of contradicting information has whipsawed the stock price in a massive range between €85 and €165 over the last 10 days. Wirecard has always been a volatile stock, but also one of the best-performing stocks in the market over the last 10 years, as the company evolved from a