Payoneer Shares Fall After Downgrade From KBW

MT Newswires Live

2024/12/10

Payoneer Global (PAYO) shares were down more than 7% in recent Monday trading after Keefe Bruyette & Woods downgraded the company's rating to market perform from outperform, with a price target of $12.

Trading volume stood at more than 2.2 million shares against a daily average of roughly 3 million shares.

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