Flywire Corporation (FLYW) Slid on Lower Than Expected Revenue Guidance

Renaissance Investment Management, an investment management company, released its Q1 2025 “Small Cap Growth Strategy” investor letter. A copy of the letter can be downloaded here. The S&P 500 has not seen a “correction” since 2023, yet such events are usual every two years. While the firm continues to identify solid investment opportunities, especially in high-quality, fairly priced stocks that have lagged major market indices for several years. As uncertainty around the impact of the economic policies of President Trump weighed on sentiment, the Russell 2000 Growth Index declined...