Adyen Shares Fall 12 Percent on Lower Margin Target

Adyen shares dropped twelve percent after the payments platform lowered its margin target to support hiring. Net revenue rose twenty three percent to beat expectations.

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FILE PHOTO: The Adyen logo is seen at the reception desk of the company's headquarters in Amsterdam, Netherlands August 24, 2018.

ADYEN NV shares fell 12% in early trading on Wednesday after the Netherlands-based payments platform lowered its 2026 core earnings margin target. The adjustment overshadowed stronger-than-expected third-quarter revenue and transaction volumes.