Nuvei Corp T.NVEI

Alternate Symbol(s): 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.

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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.