Adyen Shares Fall 11% as Company Drops Midterm Profitability Target
Adyen said it would drop a midterm profitability target as it seeks to accelerate investment. Shares fell 11% in early European trading Wednesday, extending their decline since the start of the year to 39%.
By Adria CalatayudAdyen shares fell sharply after the Dutch payments company said it would drop a midterm profitability target as it seeks to accelerate investments.Shares in Adyen were down 11% in early European trading on Wednesday, deepening the stock's fall since the start of the year to 39%.Th…