Wirecard shares sink after FT report alleging company inflated sales

Wirecard shares sink after FT report alleging company inflated sales

5 years ago
Anonymous $JavybBYWR5

https://www.reuters.com/article/us-wirecard-accounting-stock/wirecard-shares-sink-after-ft-report-alleging-company-inflated-sales-idUSKBN1WU0WL

Shares in Wirecard sank more than 20% in early trading on Tuesday after the Financial Times newspaper published documents on the company's accounting practices alleging an effort to inflate sales and profits, dealers said.

Wirecard shares sink after FT report alleging company inflated sales

Oct 15, 2019, 9:17am UTC
https://www.reuters.com/article/us-wirecard-accounting-stock/wirecard-shares-sink-after-ft-report-alleging-company-inflated-sales-idUSKBN1WU0WL >Shares in Wirecard sank more than 20% in early trading on Tuesday after the Financial Times newspaper published documents on the company's accounting practices alleging an effort to inflate sales and profits, dealers said.