Streetbeat News

ADYYF

Adyen NV

https://www.adyen.com/

CEO

Pieter van der Does

Industry

Custom Computer Programming Services

Open

1375.00

Mkt cap

43B

Volume

High

1376.00

P/E Ratio

47.23

52-wk high

1754.57

Low

1360.00

Div yield

N/A

52-wk low

1024.00

The Fintech as a Service (FaaS) industry is projected to grow from $260.7 billion in 2022 to $995.9 billion in 2032, while the Crypto Asset Management Market is expected to increase from $1.1 billion in 2023 to $3.1 billion by 2028. This growth is driven by high consumer demand for online and mobile banking services, and the evolution of asset management with rising investments in crypto funds. Companies mentioned in the FaaS space include Adyen, Block Inc, Envestnet Inc, Fidelity National Information Services Inc, Fiserv Inc, Mastercard Inc, Paypal Holdings Inc, and Dwolla.

Portfolio Pulse from Khyathi Dalal

September 06, 2023 | 4:44 pm

Ark Invest, led by Cathie Wood, sold $9.2 million worth of Shopify Inc (NYSE:SHOP) shares due to recent volatility following its Q2 results. The shares were sold through ARK Next Generation Internet ETF (NYSE:ARKW) and Ark Fintech Innovation ETF (NYSE:ARKF). Ark Invest also bought shares of ADYEN NV (OTC:ADYEY), CRISPR THERAPEUTICS AG (NASDAQ:CRSP), ADAPTIVE BIOTECHNOLOGIES (NASDAQ:ADPT), and RECURSION PHARMACEUTICALS (NASDAQ:RXRX), and sold shares of CODEXIS INC (NASDAQ:CDXS) and PHENOMEX INC (NASDAQ:CELL).

Portfolio Pulse from Benzinga Neuro

August 22, 2023 | 2:27 am

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