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Nuvei Corp T.NVEI

Alternate Symbol(s):  NVEI

Nuvei Corporation is a fintech company. The Company provides electronic payment technology solutions to merchants and partners in North America, Europe, Middle East and Africa, Latin America and Asia-Pacific. Its solutions span the entire payments stack and include an integrated payments engine with global processing capabilities and a suite of data-driven business intelligence tools and risk management services. The Company platform provides pay-in and payout capabilities, connecting merchants with their customers in over 200 markets worldwide. Its platform supports for more than 634 alternative payment methods, and over 150 currencies. It also enables online payments, mobile payment and in-store payments. Its platform enables customers to accept payments worldwide regardless of their customers’ location, device or preferred payment method. Its technology includes gateway, currency management, global payouts, card issuing, open banking, data reporting and reconciliation tools.


TSX:NVEI - Post by User

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Post by retiredcfon Nov 28, 2023 6:46am
141 Views
Post# 35755704

Stockchase After the Close

Stockchase After the Close

As shoppers hunted for bargains online and in stores, markets returned to business, though trading was quiet. The TSX shed 0.3% though remained above 20,000 while the Nasdaq and S&P both closed a handful of points down and the Dow slipped 0.18%. 

Black Friday certainly benefited Shopify which announced all-time record sales by its retail partners which sent shares popping 4.4%. Their good news was echoed by Etsy rallying 2.97% and Nuvei rising 3.86%. In Toronto, most sectors were down as tech was the only space that showed true strength, while industrials and energy sank the most. Osisko Mining jumped 6.83% and Dye & Durham rose 5.14%, though CNQ closed -2.5%. WTI crude continued to slump, declining 0.7% to $75 a barrel.

Winners on Wall Street included Domino’s Pizza which delivered a 4.52% rally. However, Albemarle closed -6.28%, and Illumina -3.75%. The U.S. 10-year yield continued to fade, hovering around 4.385% while Bitcoin sank 1.45% to just below $37,000.

 
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