NUVEI’s massive spike Aug 10

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Should Nuvei’s stock price increase yesterday be a cause for concern…seemed too good to be true!

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Asked on August 11, 2021 7:20 am
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Great to know Mat...
So glad I went in at $66....someone here made the recommendation a while back and it served me well...thanks so Much!

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Posted by Pamela Branch
Answered on August 12, 2021 1:21 pm
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On the contrary - it was a reflection of strong quarterly results in which the company beat estimates on both the top and bottom lines. It also increased guidance and provided mid-term guidance in which it expects to grow revenue and EBITDA at a 30% CAGR.

ALl in all, it was a fantastic quarter and it was rewarded by the markets.

Mat

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Posted by Mathieu Litalien
Answered on August 11, 2021 4:31 pm