Friday, November 8, 2024

Adyen

Stripe Rival Adyen Loses $20 Billion in One Day as Shares Plunge Following Poor H1 Report

Adyen published its slowest growth for a half-year since 2018 and lost $20 billion of its market valuation as shares also fell 39%. Shares of Dutch payment company Adyen crashed 39% on Thursday causing the company’s market capitalization to...

Adyen Shares Falls After Disappointing H1 Performance

The European payments giant attributed its poor performance to various factors. European payments powerhouse Adyen NV (AMS: ADYEN) witnessed a significant drop of nearly 28% in its shares earlier in the day following the release of its first-half 2023...
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