Shares of Shift4 Payments, Inc. (FOUR) plummeted 12.06% in pre-market trading on Wednesday, February 19, 2025. The sharp decline came after the payments processing company announced a $2.5 billion deal to acquire Global Blue, a travel- and retail-focused financial technology platform.
The acquisition, which is expected to close by the third quarter of 2025, aims to expand Shift4's footprint in the travel and retail sectors. However, the market reacted negatively to the news, with concerns arising over the deal's potential impact on Shift4's financials and future performance.
Despite the stock's plunge, some analysts remain optimistic about Shift4's long-term prospects. Wells Fargo analyst Andrew Bauch maintained a "Buy" rating on the company, citing its strategic growth and acquisition moves as justifying the positive outlook.