Stocks were muted in terms of gains in the past week, showing more momentum to the downside. International and multicurrency payment processing firm Planet Payment was up approximately 2 percent, a continued upswing resulting from news earlier in the month that the company has been...
Entering the last few weeks of the second quarter, payments stocks made a mixed showing last week, with everything from earnings to partnerships to, well, little news impacting stock movements. Shares of Square were up 6 percent, with a little company news that might have, according...
Payments stocks showed similar movement on both the positive and negative sides of the portfolio in terms of performance, with some outsized gains and losses on heels, as has been seen in recent weeks, of earnings reports. The relatively smaller market caps of some of...
Payment stocks posted mixed results through the past week, with a bit more weighting to the upside. The biggest gainer on the week was Mitek Systems, which grabbed a 10 percent rally and which may have been spurred by news earlier in the month that...
June 13, 2017
Entering the last few weeks of the second quarter, payments stocks made a mixed showing last week, with everything from earnings to partnerships to, well, little news impacting stock movements. Shares of Square were up 6 percent, with a little company news that might have, according to conventional wisdom, sparked that rise. Morgan Stanley did initiate […]
April 10, 2017
Payment stocks posted mixed results through the past week, with a bit more weighting to the upside. The biggest gainer on the week was Mitek Systems, which grabbed a 10...
April 03, 2017
For the week that just ended, payments stocks were weighted to the positive end of performance, where the top five gainers posted mid-single-digit increases. By way of contrast, only a...
March 13, 2017
Headed into the waning days of winter, payments stocks still were moved, up and down, by earnings reports. The biggest gainer on the week, percentage-wise, was Worldpay Group, which tacked...
