About Euronet Worldwide, Inc. - Common Stock (EEFT)
Euronet Worldwide is a leading provider of electronic payment and transaction processing solutions. The company operates globally, offering a diverse range of services that include ATM management, currency exchange, and digital payment processing for customers, financial institutions, and businesses. Euronet's technology platform facilitates secure and efficient transactions across various channels, enabling users to access financial services conveniently. Additionally, it supports cross-border payment solutions, helping to bridge the gap in international commerce. Through its innovative services, Euronet continually enhances the payment ecosystem for users around the world. Read More
A number of stocks jumped in the afternoon session after the major indices rebounded, as Fed Chair Jerome Powell delivered dovish remarks at the much-awaited Jackson Hole symposium. Powell suggested that with inflation risks moderating and unemployment remaining low, the Federal Reserve might consider a shift in its monetary policy stance, including potential interest rate cuts. This outlook eased market concerns about prolonged high interest rates and their impact on economic growth. The prospect of lower borrowing costs bolstered investor confidence, particularly in sectors that have lagged, leading to a broad rally across the market.
The electronic payments company aims to sell $850 million in principal amount initially, with the option for early buyers to acquire notes worth an additional $150 million.
Companies Reporting Before The Bell • Madison Square Garden (NYSE:MSGE) is expected to report quarterly loss at $0.80 per share on revenue of $301.83 million.
