Why Nasdaq, Euronet, and SVB Financial Stocks Fell Today [The Motley Fool]
Euronet Worldwide, Inc. (EEFT)
Last euronet worldwide, inc. earnings: 4/28 09:00 pm
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US:NASDAQ Investor Relations:
ir.euronetworldwide.com
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Source: The Motley Fool
What happened No two ways about it, Nasdaq stocks had a bad day today, falling 9.% by close of trading -- and not just "Nasdaq stocks," but that most Nasdaq-y of Nasdaq stocks, ( NASDAQ:NDAQ the Meanwhile, electronic payments and transactions processor Euronet Worldwide NASDAQ:EEFT SVB Financial NASDAQ:SIVB Image source: Getty Images. So what What do these three stocks have in common? All are, of course, broadly considered "financial" stocks, and when stock markets fall broadly, as they did today, investors may naturally extrapolate that weakness to the financial system in general and start selling financial stocks And yet, it's notable that none of the three companies named above had any bad news of their own to report. To the contrary, the only actual news I can find discussing any of the three is news of a positive sort: This morning, Bank of America Now what That decision by one big banker didn't prevent the rest of Wall Street, however, from deciding to "sell" Nasdaq instead. It
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EEFT
News
- Euronet Worldwide, Inc. (NASDAQ: EEFT) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Euronet Worldwide, Inc. (NASDAQ: EEFT) was upgraded by analysts at Monness Crespi & Hardt from a "hold" rating to a "strong-buy" rating.MarketBeat
- Euronet Worldwide Third Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
- Euronet Worldwide, Inc. (NASDAQ: EEFT) had its price target lowered by analysts at Needham & Company LLC from $125.00 to $120.00. They now have a "buy" rating on the stock.MarketBeat
- Euronet Worldwide (EEFT) Reports Q3 Earnings: What Key Metrics Have to Say [Yahoo! Finance]Yahoo! Finance
EEFT
Earnings
- 10/23/24 - Beat
EEFT
Sec Filings
- 11/4/24 - Form 10-Q
- 10/24/24 - Form 8-K
- 9/9/24 - Form 4
- EEFT's page on the SEC website