14 Mar 2024 | 08:42
Wise slides as Valar Velocity places 4m shares
(Sharecast News) - Wise slid on Thursday after shareholder Valar Velocity Fund 1 placed 4m class A shares in the fintech firm via Morgan Stanley.
According to Bloomberg, the shares were placed at 897p each, which is a 1.52% discount to the last close.
At 0930 GMT, Wise shares were down 3.4% at 880.20p.