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Why Payoneer Global Stock Plunged by Almost 4% Today
The Motley Fool· 2025-12-24 08:10
Macroeconomic headwinds could put some hurt on the company's fundamentals, a pundit believes.Fintech company Payoneer (PAYO 3.81%) didn't have a triumphant Tuesday on the stock market. The company's shares dipped by nearly 4% that day, thanks in no small part to a price target cut by an analyst. $2 haircutBefore market open that day, Benchmark's Mark Palmer reduced his Payoneer price target to $10 per share from his preceding $12. He remains bullish on the company's prospects, however, as he maintained his ...