Wirecard shares drop another 21% as fate of loans hangs in balance – MarketWatch

Wirecard shares drop another 21% as fate of loans hangs in balance - MarketWatch thumbnail

Wirecard
WDI,
-45.07%

shares jog 43% on Friday, extending the declines from Thursday when the German funds processor stated Ernst & Younger stated it did no longer procure satisfactory audit evidence for€1.9 billion euros in cash. Wirecard is in hazard of getting banks cease €2 billion of loans if it can’t file its 2019 accounts on Friday.

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