Wise is trading at £908.57, down 4.2% today, as shares slide despite reporting strong quarterly results, suggesting potential profit-taking or valuation concerns.
- Net revenue increased 25% year-over-year to $714 million for the quarter.
- Active customers grew 21% to 11.9 million, while cross-border volumes rose 26%.
- The decline follows a period of rapid customer expansion and robust financial performance.