Flywire CorpMacro conditions and potential Fed rate hold pressure tech stocks, including Flywire.
Shares of MongoDB, Flywire, and Marqeta declined in afternoon trading as deteriorating macro conditions and an unwinding of retail leverage pressured tech stocks. A reinstated U.S. naval blockade on Iran pushed Brent crude past $85 a barrel, raising expectations that the Federal Reserve will hold rates in the 3.50%–3.75% range, which could drive stricter scrutiny of AI investments. Data storage company MongoDB fell 3%, payments software company Flywire fell 3%, and payments software company Marqeta fell 2.3%. Flywire shares have been volatile, with 15 moves greater than 5% over the past year, and the stock is up 30.1% year-to-date, trading near its 52-week high of $18.78 from July 2026.
Flywire CorpMacro conditions and potential Fed rate hold pressure tech stocks, including Flywire.
Macro conditions and potential Fed rate hold pressure tech stocks, including Marqeta.
MongoDBMacro conditions and potential Fed rate hold pressure tech stocks, including MongoDB.
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