Wise Plc Hits Day Low of GBP 8.29 Amid Price Pressure

Wise Plc experienced a notable decline today, with the stock dropping by 3.42% on February 24, 2026. The stock reached an intraday low of GBP 8.29, reflecting a challenging trading session. Over the past week, Wise Plc has seen a decrease of 1.01%, while its performance over the last month has been more pronounced, with a decline of 14.56%. In the context of the broader market, the FTSE 100 has performed positively, gaining 0.56% today and 2.3% over the past week. However, Wise Plc's year-to-date performance remains negative at -6.51%, contrasting sharply with the FTSE 100's gain of 7.61%. Despite these short-term challenges, Wise Plc has demonstrated strong long-term fundamentals, including a 40% compound annual growth rate in net sales and positive results for the last five consecutive quarters. The company reported net sales of GBP 959.2 million, alongside a significant cash position of GBP 1,583.2 million. However, the stock's valuation remains high, trading at a price-to-book ratio of 6.44, indicating a premium compared to its peers.