Wise reported an outstanding set of Q3 23 figures however, as for many high-multiple firms, the very least pebble in the wheel can have s disastrous effect on valuation. Volume per customer (VPC) was today’s snag. Difficult to say whether the share price reaction is legit (-10% at the close) however the underlying uncertainty is clearly bringing the shares down to earth.
18 Jan 2023
VPC volatility does not flag a declining trend
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VPC volatility does not flag a declining trend
Wise PLC Class A (WISE:LON) | 930 59.5 0.7% | Mkt Cap: 13,243m
- Published:
18 Jan 2023 -
Author:
Grégoire Hermann -
Pages:
4
Wise reported an outstanding set of Q3 23 figures however, as for many high-multiple firms, the very least pebble in the wheel can have s disastrous effect on valuation. Volume per customer (VPC) was today’s snag. Difficult to say whether the share price reaction is legit (-10% at the close) however the underlying uncertainty is clearly bringing the shares down to earth.