Paysign Shares Surge Nearly 20% This Holiday Week as Pharma Payments Get Attention
Paysign shares closed Friday at $6.72, up 6% on the session and 19.6% since May 15, rebounding from a post-earnings slump. U.S. markets are shut Monday for Memorial Day. First-quarter revenue rose 50.8% to $28.04 million, with pharma revenue up 81.9% to $15.68 million. Paysign forecasts Q2 revenue of $26.2–$26.7 million.