The stock decline appears to stem from a combination of recent earnings results, slightly softened guidance, and general fintech sector caution.
Investor sentiment toward fintech remains cautious. Other POS and payments firms, even when posting decent earnings, have seen significant stock swings due to heightened sensitivity over consumer behaviour and growth trajectories.
My take:
Not spending a lot on physical properties like the Brick-and-mortar business model is an advantage for XYZ.
I am buying this stock for mid to long-term holding
Investor sentiment toward fintech remains cautious. Other POS and payments firms, even when posting decent earnings, have seen significant stock swings due to heightened sensitivity over consumer behaviour and growth trajectories.
My take:
Not spending a lot on physical properties like the Brick-and-mortar business model is an advantage for XYZ.
I am buying this stock for mid to long-term holding
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.