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.
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:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
PayPal, Square Stocks Face Moment of Reckoning After Worldline PanicPayment stocks have come under pressure despite good news from Visa.
Källa: MarketWatch - 🏆 3. / 97 Läs mer »
PayPal, Square Stocks Face a Moment of Reckoning After Worldline PanicPayment stocks have come under pressure despite good news from Visa.
Källa: MarketWatch - 🏆 3. / 97 Läs mer »
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.
Källa: MarketWatch - 🏆 3. / 97 Läs mer »
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.
Källa: MarketWatch - 🏆 3. / 97 Läs mer »
U.S. stocks open mostly higher, but remain on track for another weekly dropJoseph Adinolfi is a markets reporter at MarketWatch.
Källa: MarketWatch - 🏆 3. / 97 Läs mer »
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.
Källa: MarketWatch - 🏆 3. / 97 Läs mer »