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Investing – it’s not all about the numbers

27 June 2020 · Members

German payment processor Wirecard was one of the hottest technology firms in Europe. In 2018, the company was valued at over €20 billion, more valuable than Deutsche Bank. The company entered the DAX index, a club of 30 major German companies. However, the share price has plummeted in one week by 96% from EUR 103 to EUR 3.5. What can…

This article reflects our views at the date of publication and may no longer be current. It is general information only and is not a recommendation to buy or sell any security. Past performance is not indicative of future performance.