Adyen Says Its Growth View Is Not Being Understood by the Market

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 50%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Payments processor Adyen NV’s growth view isn’t being understood by the market, its co-chief executive said following a selloff in the shares that erased $23 billion of its market value.

The fintech company announced it would host an investor day on Nov. 8 to discuss the investments it’s making and how it plans to maintain growth.

Adyen’s net revenue growth has been impacted by increased price competition in North America. One of the things that has been misunderstood is that in the first half year Adyen continued to add market share in the US, “but it’s indeed at a lower rate than the half years before,” Uytdehaage said.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 83. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker