Home Stock Where to buy Paysafe stock (PSFE) after the release of the forecast for sales and profit

Where to buy Paysafe stock (PSFE) after the release of the forecast for sales and profit


The Paysafe stock (PSFE) plunged by more than 40% on Thursday after the company issued a forecast for sales and profit that fell short of the expectations of investors. However, most investors still believe that the stock is highly undervalued and expect it to shoot up.

To help stock traders eying the Paysafe stock, Invezz has created a brief article on what it is and the best places to buy it.

To find out more, please continue reading.

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What is Paysafe stock?

Paysafe stock is the stock of Paysafe Limited and it trades on the New York stock exchange (NYSE) under the symbol NYSE: PSFE.

Paysafe Limited, which was formerly called Optimal Payments PLC, is an online payments company that runs the Paysafe online payment platform.

Besides the Paysafe platform, Paysafe Limited also offers services through other platforms including Neteller, Paysafecash, Skrill, and Paysafecard, which Paysafe has acquired through mergers and acquisitions.

Should I buy the NYSE: PSFE stock today?

Most investors believe the Paysafe stock is highly undervalued meaning it could be profitable buying the dip.

Paysafe stock price prediction

Though it has highly dropped today following the release of the company’s price and profit forecast that was below what investors anticipated, investors still have hopes that the stock price shall rise in the future.

$PSFE stock social media coverage

$PSFE is an extremely undervalued fintech and has a great entry below its original spac price of $8.
PSFE is the payment services provider for FUBU, a streaming company with a huge subscription base that will start its own sports betting services very soon. (1/2)

— SoYoung Shin (@SantaChloe) November 5, 2021

$PSFE big deal They missed by 5% and cut guidance. Buy the dip and stop crying ⭐

— Rhythm (@Rhythm_Katal) November 11, 2021

The post Where to buy Paysafe stock (PSFE) after the release of the forecast for sales and profit appeared first on Invezz.

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