Wirecard Short Sellers’ Big Day

The naysayers make $2 billion, as the company reports €1.9 billion is “missing” from its coffers.

Michelle Celarier June 18, 2020

(Michaela Handrek-Rehle/Bloomberg)

Short sellers of Wirecard, the German internet payments and processing services company, finally have reason to celebrate. The short sellers made $2.25 billion Thursday as the company said it would delay its 2019 annual report because it can’t locate some €1.9 billion ($2.1 billion) in cash

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