Nuvei Shares Gain on Adobe Partnership
By Dean Seal
Shares of Nuvei advanced after the company said it is partnering with Adobe to simplify online payments on the Adobe Commerce platform.
The stock is up more than 7% at $24.59. Shares are still down 7% since the start of the new year.
The Canadian fintech company said Tuesday that customers of Adobe Commerce, Adobe's platform that allows businesses to manage and scale their commerce offerings, can now access Nuvei's full suite of payment types, including online, offline, mobile, in-app, recurring and more.
The partnership will allow business-to-business and business-to-customer clients on the Adobe Commerce platform to simplify their payment relationships and expand into new markets, Nuvei said.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
January 23, 2024 15:32 ET (20:32 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
4 Wide-Moat Stocks to Buy for the Long Term While They’re Undervalued Today
-
Markets Brief: Four Stocks Made Up 80% of the Gains. Can It Last?
-
Is It Time to Ditch Your Money Market Fund for Longer-Term Bonds?
-
What’s Happening In the Markets This Week
-
4 Reasons Why Today’s Stock Market Is Delivering Impressive Performance
-
What Does Nvidia’s Stock Split Mean for Investors?
-
5 Undervalued Stocks to Buy as Their Stories Play Out
-
Markets Brief: Return of the Meme Stocks
-
GE Aerospace Stock Has Skyrocketed 86%. Is It a Buy?
-
2 Undervalued Dividend Stocks the Best Managers Are Buying
-
Tesla: Shareholder Vote Reduces Key Person Risk
-
After Earnings, Is CrowdStrike Stock a Buy, a Sell, or Fairly Valued?
-
Adobe’s Strong Quarterly Results Drive Share Gains
-
What Does Broadcom’s Stock Split Mean for Investors?
-
5 Ultracheap Stocks to Buy With the Best Returns on Investment
-
Broadcom Earnings: AI Sales Growth Accelerates