Then, on November 9, 2018, MoneyGram announced its earnings for the third quarter of 2018, reporting that "[m]oney transfer revenue" decreased "15% on a reported basis. .. as compared to third quarter 2017", citing "the impact of higher compliance standards and newly implemented corridor specific controls." On this news, MoneyGram's stock price fell $2.20 per share, or roughly 49.2%, to close at $2.27 per share on November 9, 2018. The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation.