🔴 Wise is trading 4.5% down today as lower fees and valuation concerns spark profit-taking

Wise is trading 4.5% down today at £917 following a sharp post-earnings sell-off, despite reporting solid underlying growth metrics.

• The company delivered approximately 25% revenue growth and over 20% customer growth, yet the stock faced pressure as investors focused on a falling take rate.
• Market sentiment was weighed down by concerns over lower average fees and a rich valuation, leading to profit-taking following the results.