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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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