Top 5 companies hugely affected by the coronavirus crisis

Wirecard e-shopping

Wirecard

100 USD per share – 90 USD per share / -10%

Munich based tech company paid the price for its accounting fraud, which affected progress of the company’s share on stock exchange. The scandal had been revealed before the pandemic and pushed shares into negative values in the long term. Shares plunged in 15% after April’s audit and during the month wrote off 90 EUR (101 USD) from 100 EUR (112 USD) per share, what represents 10% drop. Wirecard has joined companies, whose value appeared in the red in the beginning of 2020 second quarter.

author avatar
EditorialTeam
The Trader-Magazine.com EditorialTeam is a collective of certified financial analysts, active traders, and cryptocurrency experts. Our mission is to transform complex market data (forex, equities, indices) into accessible financial education. All content undergoes rigorous, multi-level fact-checking to ensure we deliver only accurate, objective information for your trading and investment decisions.

Top 10 financial instruments for 2022. What will their prospects be in 2023?

The year 2022 has brought countless surprises and obstacles...

Telegram scams: how they work and how to protect yourself

Telegram has become one of the most widely used...

Trump Saved TikTok from a Ban. The App in the U.S. Moves into American Hands

TikTok narrowly avoided a ban in the United States...

Gulf Brokers Ltd. Review

Comparing spreads, commissions, trading platforms, rules and reading dozens...

Climate Change Poses Major Risks to Financial Markets, Regulator Warns

WASHINGTON — A top financial regulator is opening a...

US stocks rose slightly as the market continues to monitor developments in the Middle East

US stocks posted modest gains today, but uncertainty persists...

Yrefy Investment Review: High Fixed Returns, Private Student Loan Debt and the Risks Investors Should Know

Yrefy Investment is a private investment opportunity linked to Yrefy,...

Fidelity Total Market Index: Guide to the FSKAX Fund

Fidelity Total Market Index is one of the funds...

FX Junction: Where trading meets community

In today’s fast-paced financial markets, traders are seeking platforms...

Roth IRA: What It Is, How It Works and Why Investors Use It

A Roth IRA is a tax-advantaged individual retirement account used by...
spot_img

spot_imgspot_img