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.

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Nuvei Corp

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Post by retiredcfon Feb 08, 2024 7:03am

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Post# 35869219

Stockchase After the Close

Wall Street rallied Wednesday while the TSX was flat, reversing roles from the day before. The S&P climbed 0.82% to make a new record high just shy of 5,000 while the Nasdaq added 0.95%, and the Dow added 0.4%. Despite this performance by stocks, the U.S. 10-year yield edged up to 4.115%.

Earnings continued to be in the spotlight. SNAP closed -34.61% and Alibaba-5.87%. Ford jumped 6.05%, though VF Corp. finished the session -9.68% and Paramount Global -8.15%. Meanwhile, Bitcoin rallied 3% to over $44,300.

The TSX added only 11 points to remain below 21,000. Sectors were mixed with tech and industrials leading and utilities and materials lagging. Winners included Birchcliff Energy up 9.58%, Shopify at 4.29% and Nuvei 4.11%. Losers were TD at -1.1% and Finning International -9.19%. WTI advanced 1% to $74 a barrel.