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6 stories mentioning PSFEUpdated 4h ago

Every FINWIRES story that references PSFE, newest first.

Sectors

Sector Update: Financial Stocks Advance Pre-Bell Monday

Financial stocks were advancing pre-bell Monday, with the State Street Financial Select Sector SPDR ETF (XLF) up 0.1%.The Direxion Daily Financial Bull 3X Shares (FAS) was 0.2% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 0.3%.Aegon (AEG) shares were up more than 1% after the company said it has increased its H2 share buyback program by 150 million euros ($174.9 million) to 350 million euros, effective Monday.Paysafe (PSFE) stock was up more than 1% after the company said it launched a video gaming platform designed to connect players, developers, and publishers through game discovery, rewards and community features.Citigroup (C) has partnered with Axis Bank to finance non-resident Indians investing in foreign-currency deposits with the Indian lender, Bloomberg News reported, citing unnamed people familiar with the matter. Citigroup shares were marginally higher premarket.

$AEG$C$FAS$FAZ$PSFE$XLF
Wire

Paysafe Posted Inline Q2 Revenue on North America iGaming Volume Growth, LatAM Strength, RBC Says

Paysafe (PSFE) posted inline Q2 revenue with H2 ramp visibility, driven by sustained North America iGaming volume growth, strength in Latin America, as well as PaysafeWallet in Europe, RBC Capital Markets said in a research report emailed Friday.Continued growth in iGaming volumes, alongside data licensing deals, drove a 6% merchant solutions organic growth in Q2, according to the note.The brokerage said it now expects 2026 adjusted EPS estimate of $2.01 from $2.22 earlier, but maintained its revenue estimate at $1.82 billion.While restructuring costs rose due to settlements related to the Farzad litigation, adjusted EBITDA margins also contracted during the quarter due to increased investments in the Digital Wallets segment as well as product mix, analysts wrote.The brokerage maintained its sector perform rating on the stock and lowered its price target to $9 per share from $11.Price: $6.38, Change: $-1.53, Percent Change: -19.34%

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Wire

UBS Adjusts Price Target on Paysafe to $7 From $7.50, Maintains Sell Rating

Paysafe (PSFE) has an average rating of hold and mean price target of $8.50, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $6.95, Change: $-0.96, Percent Change: -12.14%

$PSFE
Sectors

Sector Update: Financial Stocks Lean Lower Premarket Friday

Financial stocks were leaning lower premarket Friday, with the State Street Financial Select Sector SPDR ETF (XLF) declining by 0.1%.The Direxion Daily Financial Bull 3X Shares (FAS) was 0.1% lower and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was up 0.3%.Nu Holdings (NU) stock was up more than 13% after the company posted higher Q2 net income and revenue.Paysafe (PSFE) has entered a title partnership with Envision Racing, with the Formula E team set to compete as Paysafe Envision Racing in the upcoming Gen4 era, the company said. Shares of Paysafe were up more than 1% pre-bell.ING Groep (ING) said it will redeem $500 million of floating-rate senior notes and $1.25 billion of 6.083% fixed-to-floating rate senior notes on Sept. 11. ING Groep stock was 0.3% lower premarket.

$FAS$FAZ$ING$NU$PSFE$XLF
Sectors

Sector Update: Financial Stocks Lean Lower Pre-Bell Monday

Financial stocks were leaning lower pre-bell Monday, with the State Street Financial Select Sector SPDR ETF (XLF) declining by 0.1%.The Direxion Daily Financial Bull 3X Shares (FAS) was 0.1% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 0.2%.Robinhood Markets (HOOD) said it will begin rolling out cryptocurrency trading to eligible UK customers this week, allowing them to trade digital assets through its app, Bloomberg reported. Robinhood Markets shares were 0.3% higher premarket.Strive (ASST) stock was down more than 1% after the company reported a wider Q2 adjusted loss.Paysafe (PSFE) has launched its PaysafeWallet app in Poland. Shares of Paysafe were down 0.9% pre-bell.

$ASST$FASFAZ$HOOD$PSFE$XLF
Wire

UBS Adjusts Price Target on Paysafe to $7.50 From $6.75, Maintains Sell Rating

Paysafe (PSFE) has an average rating of hold and mean price target of $9.89, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $8.44, Change: $-0.90, Percent Change: -9.69%

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