Repay Holdings Corporation (RPAY) Misses Q2 EPS by 3c
- Stocks rattled, Treasuries rally after Israel attacks Iran
- Netflix Q1 earnings top estimates on blowout subscriber growth
- Gold prices rally past $2,400 on reports of Israel strikes on Iran
- Oil surges as reports of Israeli strike on Iran roil markets
- Reports of Israeli attack on Iran spark rush to Swiss franc and yen
- Tritium DCFC Limited (DCFC): Three Australian subsidiaries were determined to be insolvent or likely to become insolvent
- Hasbro (HAS) Announces Resignation of Cynthia Williams, President of Wizards of the Coast and Hasbro Gaming
- Frontier Communications (FYBR) says third party had gained unauthorized access to portions of its information technology environment
- Ibotta (IBTA) Prices 6.56M Share IPO at $88/sh
- Netflix (NFLX) Tops Q1 EPS by 77c, Offers Guidance
- After-hours movers: Netflix, Intuitive Surgical, Nordstrom, KB Home
- Midday movers: Tesla, Blackstone, Las Vegas Sands fall; DR Horton rises
- After-hours movers: Alcoa rises; Equifax and Las Vegas Sands fall
- Midday movers: Travelers, JB Hunt fall; United Airlines rises
- After-hours movers: United Airlines, J.B. Hunt, and more
Citi Downgrades Repay (RPAY) to Neutral, 'Expectations Reset Highlights More Macro Risk'
August 10, 2022 7:46 AM EDTCiti analyst Andrew Schmidt downgraded Repay (NASDAQ: RPAY) from Buy to Neutral with a price target of $13.00 (from $19.00).
The analyst comments "We are downgrading RPAY to Neutral. The macroeconomic backdrop reduces visibility in key personal and auto loan repayment verticals (~15-20%/~25% of volume,... More