Nuvei Corp NUVCF

Primary Symbol: T.NVEI

Nuvei Corporation is a Canadian fintech company accelerating the business of clients around the world. Its modular, flexible and scalable technology allows companies to accept payments, offer all payout options and benefit from card issuing, banking, risk and fraud management services. Connecting businesses to their customers in over 200 markets, with local acquiring in 50 markets, 150 currencies and 716 alternative payment methods (APMs), it provides the technology and insights for customers and partners to succeed locally and globally with one integration. Its technology platform is purpose-built for eCommerce, integrated payments and business to business. Its platform enables customers to pay and/or accept payments worldwide regardless of their customers’ location, device or preferred payment method. Its technology includes gateway, global processing, APMs, currency management, global payouts, risk management, card issuing, open banking, data reporting, and reconciliation tools.

TSX:NVEI - Post by User

Nuvei Corp > oversized drop

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Comment by Greenwinter1234on Feb 18, 2022 10:15am

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RE:RE:RE:oversized drop

they swung from losses to profit yoy in Q3, and for severalk quarters revenues are growing ~100%.
They are at earlier stage than SHOP so I would tend to say (given the significant drop late last year in share price) that we are closer to end of this and price should stabilize and start to recover. Obviously next earnings report will hopefully address these and the concerns raised in the short sellers report which started the share price declne.
GLTA.

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