Why These 15 Software Stocks Are Plunging In 2025

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7. Flywire Corp (NASDAQ:FLYW)

Number of Hedge Fund Holders In Q4 2024: 34

Flywire Corp (NASDAQ:FLYW) is a global payments enablement and software company that facilitates complex payment processes.

The stock is down significantly so far in 2025 as it cited an $8 million revenue shortfall, largely due to Canada’s new student visa caps and strained diplomatic relations between India and Canada, which reduced its Canadian revenue by 35%.

The education sector, Flywire’s largest market, relies heavily on international students paying tuition through its platform. Canada’s visa restrictions have limited the number of incoming students. This policy shift directly cut into Flywire’s transaction volume.

The consensus price target of $19.23 implies 93% upside.

FLYW stock is down 51.72% year-to-date.

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