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.