Stripe rival Adyen records huge drop in market value

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 71%

United States News News

United States United States Latest News,United States United States Headlines

Shares down 45 per cent in mid-morning trading on Friday after the Dutch payments processor published badly received results

Shares in Stripe rival Adyen remained sharply lower on Friday having plunged by over a third a day earlier in a move that wiped over €13 billion off its market value.

The Dutch payments processor was trading down 45 per cent in mid-morning trading in Amsterdam after plunging by nearly 40 per cent on Thursday following disappointing results.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines