Kirby McInerney LLP Announces Investigation Against Flywire Corporation (FLYW) on Behalf of Investors

Core Viewpoint - Flywire Corporation is under investigation for potential violations of federal securities laws and unlawful business practices following disappointing financial results and a significant drop in stock price [1][3]. Financial Performance - On February 25, 2025, Flywire reported a net loss of $15.9 million for the fourth quarter of 2024, which was below consensus estimates [3]. - The company announced a restructuring plan that includes a 10% reduction in its workforce [3]. - Following the announcement, Flywire's share price fell by $6.59, or approximately 37%, from $17.64 to $11.05 [3]. Guidance and Market Reaction - Flywire reduced its guidance for 2025, contributing to negative market sentiment [3]. - The significant decline in share price indicates investor concern regarding the company's future performance and management decisions [3].