Wirecard shares plummet over 60% as embattled payments firm says $2.1 billion of cash is missing

Wirecard shares plummet over 60% as embattled payments firm says $2.1 billion of cash is missing

Wirecard’s logo can be seen on a smartphone held in front of a stock market chart.

Alexander Pohl | NurPhoto | Getty Images

Wirecard shares plunged more than 60% on Thursday as the German payments giant postponed its annual results once again and said auditors could not confirm the existence of 1.9 billion euros ($2.1 billion) in cash on its balance sheet.

The Munich-headquartered…

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