Payment Stocks Drop. There’s More to the Story Thank Worldline’s Bad News.

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

The French payments company cut its financial forecasts on Wednesday, htting shares of PayPal and Block.

It started Wednesday when the French payments company Worldline slashed its full-year financial guidance, warning of an economic slowdown in Europe. Shares of PayPal Holdings and Block dropped 5.1% and 8% that day.

“I believe today’s decline is related to a few things: The continued Worldline hangover, fear of more consumer slowing AND competitive threats from Apple as it gets bigger in the buy-now-pay later space…. All three are hurting the payment space near-term,” Daniel O’Regan, a managing director at Mizuho Secuirites told Barron’s via email on Friday.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 3. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

PayPal, Square Stocks Face Moment of Reckoning After Worldline PanicPayment stocks have come under pressure despite good news from Visa.
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »

PayPal, Square Stocks Face a Moment of Reckoning After Worldline PanicPayment stocks have come under pressure despite good news from Visa.
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »

U.K. stocks drop for first time in two daysSupported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »

U.S. stocks post back-to-back drop as big tech shares tumbleJoy Wiltermuth is a news editor and senior markets reporter based in San Francisco.
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »

U.S. stocks open mostly higher, but remain on track for another weekly dropJoseph Adinolfi is a markets reporter at MarketWatch.
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »

European stocks drop for second sessionSupported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »