MGI Shares Plummet 22%, MoneyGram Relationship with Ripple on Hold
The shares of MoneyGram may bounce back to better days as the legal team representing Ripple reportedly had a great showing in the first court hearing.
MGI Stock Slightly Down, MoneyGram May Have Tepid Future Based on Its Market Performance
Menwhile, MoneyGram is facing several lawsuits in the United States that may damage its future growth prospects.
Western Union (WU) Stock Jumped 11% but 0.37% Down Now amidst Talks on Acquisition of MoneyGram
Western Union (WU) stock rose by 11% amidst the talks on the acquisition of MoneyGram. While the acquisition is nor confirmed officially, the news has stirred positive reactions in the market.
Western Union (WU) Stock Rises 8% in Pre-market as Company Offers to Buy Ripple’s MoneyGram
By
Darya Rudz
Currently, Western Union and MoneyGram are in talks on the buy offer, but no decision has been made yet. Following the rumors, both Western Union and MoneyGram stocks have soared. WU stock is over 8% up while MGI has managed to gain over 38% in the pre-market.
Ripple Provides Additional $11 Million in Investments to MoneyGram
MoneyGram is one of the major partners of Ripple. And it received good investments from it. In the last half-year, it got a sum of another $11 million.
Ripple’s MoneyGram (MGI) Stock Down as Company Reports Weak Financial 2019 Results
By
Jeff Fawkes
MoneyGram International Inc, which is one of the major Ripple’s partners, has revealed that it had a bad fourth quarter of 2019, especially if compared to results in Q4 2018. The stock is in red.
Western Union is Five Times Cheaper Than Ripple, Claims CEO
Western Union CEO is sure: digital currencies and the blockchain have great potential of acting as a processing system for payments, however, he claims that sending money with Ripple is 5-times more expensive than Western Union.