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WCAGY News and Press, Wirecard Ag Unsp/Adr From 06/25/20

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Company Name: Wirecard Ag Unsp/Adr
Stock Symbol: WCAGY
Market: OTC

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WCAGY - Visa, Mastercard reassess Wirecard ties - Bloomberg

After Wirecard's ( OTCPK:WCAGY ) accounting scanda l caused it to file for insolvency , Visa ( V +1.1% ) and Mastercard ( MA +1.0% ) are rethinking whether they'll allow the struggling fintech firm to process payments on their networks, Bloomberg reports, citing people familiar with th...

WCAGY - Wirecard - There's No Value Here. It's Dead And Bankrupt

So Wirecard has declared itself insolvent. This is not, perhaps, the greatest surprise of all time, Wirecard ( WRCDF) has declared itself to be insolvent. The company's announcement : The management board of Wirecard AG has decided today to file an application for the opening of insolve...

WCAGY - Wall Street Breakfast: Devastating Scandal Brings Wirecard To Its Knees

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify . German payments company Wirecard has filed for insolvency proceedings, a week after auditors found a €1.9B hole in its bala...

WCAGY - Scandal-hit Wirecard files for insolvency in Germany

German payments company Wirecard ( OTCPK:WCAGY ) has filed for insolvency proceedings , a week after auditors found a €1.9B hole in its balance sheet (the company later said the money probably didn't exist ). More news on: Wirecard AG, Wirecard AG, Top stock market news, Financial...

WCAGY - Wolf Popper LLP Announces Investigation on Behalf of Investors in Wirecard AG.

NEW YORK , June 24, 2020 /PRNewswire/ -- Wolf Popper LLP is investigating potential securities fraud claims on behalf of purchasers of Wirecard AG (OTC: WCAGY and WRCDF) American Depositary Receipts and F-shares between August 18, 2015 and June 17, 2020 . Before trading in the U.S ma...

WCAGY - Why The German DAX30 Is Lagging

1. The composition of the German DAX30 - not representative for the German economy The German DAX30 is the biggest index for German stocks and one of the most important performance indexes of Europe. DAX30 composition (as of 06/22/20) (Source: Wikipedia ) The German DAX3...

WCAGY - Nothing Can Stop The Market: Harrison

Companies get away with fraud until the economy goes down, and when that tide recedes, you see who has no clothes on, Ed Harrison told Real Vision during today’s Daily Briefing. Harrison made the remark during a conversation about disgraced German financial services provider Wi...

WCAGY - Wirecard - Shareholders Will Likely End Up Holding The Bag

Note: The main focus of this article is discussing the impact of recent events on the company's stakeholders. Investors looking for more color should consider reading fellow contributor Stefan Redlich's coverage of Wirecard. Last Thursday, controversial German digital payments provi...

WCAGY - Expect Many More Wirecards

Wirecard ( OTCPK:WCAGY ), a prominent German fintech, has been in the news since it acknowledged alleged fraud which led to an extreme drop in share price. This alleged fraud included faking everything from revenues, to net profits, to cash flow, to cash levels. Incredibly, WDI stock p...

WCAGY - Wirecard Shareholder Notice: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 Investing In Wirecard AG To Contact The Firm

New York, New York--(Newsfile Corp. - June 22, 2020) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Wirecard AG (OTC Pink: WCAGY) ("Wirecard" or the "Company"). Faruqi & Faruqi logo If you invested in Wirecard stock or o...

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