Wirecard Stock Price: WDI gathers traction near €2.40
|- Wirecard AG remains side-lined below the €3.00 mark on Monday.
- The all-time low just above €1.00 emerges as the next support.
Munich-based Wirecard AG (ETR: WDI) is posting some decent gains in the €2.40 region at the beginning of the week.
Indeed, following three consecutive daily pullbacks, shares of the fintech company Wirecard AG (ETR: WDI) have started the week on a positive mood, although always trading below the key €3.00 mark.
It is worth recalling that Wirecard AG (ETR: WDI) became the first-ever DAX company to file for insolvency and that the June’s scandal exposed debt to creditors exceeding €4 billion. Also, it is worth recalling that following the fraud scandal and subsequent filing for insolvency, share prices of Wirecard (ETR: WDI) literally melted since mid-June from the €105.00 neighbourhood to levels just above the €1.00 area in late June.
WDI Stock Quote
At the moment WDI is gaining 3.23% at 2.435 and faces immediate support at the all-time low at €1.76 (June 26). On the upside, a break above €9.19 (weekly high Jun.30) would expose €19.80 (weekly high Jun.24) and then €64.76 (55-day SMA).
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.