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Paysafe Had Its ‘Best Quarter Yet.’ The Stock Jumps.

Angela Palumbo
·2 min read
Paysafe Had Its ‘Best Quarter Yet.’ The Stock Jumps.

Paysafe stock was rising sharply Tuesday after the payments company posted first-quarter financial results that beat Wall Street estimates. Susquehanna Financial Group analyst James Friedman said in a research note that Paysafe “delivered its best quarter yet as a public company.” Shares of Paysafe were rising 24% Tuesday to $19.36, which would be their highest close since March 9, 2023 and largest percentage increase since Nov. 14, 2023, according to Dow Jones Market Data.

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