MoneyGram International (MGI) stock hit a new yearly low of $5.86 on Friday after showing signs of weakness in revenue outlook for the full year. MoneyGram has been facing immense competition from First Data Corp. (FDC), United States Postal Service, The Western Union Co. (WU), and PayPal (PYPL). Apart from these, the digital payments industry … Continue reading MoneyGram stock hits new yearly low after weak outlook