New York, Jan 3, 2026, 20:13 ET — Market closed
- Paymentus Holdings (PAY) closed down 9.9% at $28.47 in Friday’s session. 1
- The move outpaced several payments peers, with Bill Holdings down 7.3% while Affirm and Shift4 fell about 0.5% each.
- Traders are looking to early-January U.S. data — especially jobs and inflation — for the next signal on rate-cut expectations. 2
Paymentus Holdings’ shares tumbled nearly 10% in the first U.S. trading session of 2026, ending Friday at $28.47. The stock traded as low as $28.22 intraday. 1
The outsized move lands as investors shift positioning ahead of a busy January calendar that can reset interest-rate bets, a key driver for high-growth stocks. The monthly jobs report due Jan. 9 and the consumer price index on Jan. 13 are among the headline events, Reuters reported. 2
“The market is looking for direction,” Matthew Maley, chief market strategist at Miller Tabak, told Reuters. Rate expectations often matter more for growth names because lower borrowing costs generally lift the value investors assign to future earnings. 2
The broad market did not mirror Paymentus’ selloff. The Dow and S&P 500 ended higher on Friday, while the Nasdaq was essentially flat, according to Reuters. 3
Paymentus opened at $31.43 and hit $31.63 before the selloff accelerated, market data showed. About 1.4 million shares traded — above the stock’s average daily volume of roughly 771,000 shares, according to FinViz. 1
A Nasdaq technical alert flagged Paymentus as “oversold” after its 14-day Relative Strength Index (RSI) fell to 29.9. RSI is a momentum gauge some traders use to judge whether selling pressure is becoming stretched. 4
Paymentus sells cloud-based bill payment technology used by billers and financial institutions across utilities, insurance, government, telecommunications and healthcare. The company says it processed more than 597 million payments in 2024 and distributes services through its Instant Payment Network. 5
The company’s most recent results, reported in November, showed third-quarter revenue of $310.7 million, up 34.2% from a year earlier, and adjusted EBITDA of $35.9 million, up 45.9%. Paymentus also issued fourth-quarter revenue guidance of $307 million to $312 million and full-year 2025 revenue guidance of $1.173 billion to $1.178 billion. 6
Friday’s decline also outpaced several payments and fintech peers. Bill Holdings fell 7.3%, while Shift4 Payments and Affirm ended down about half a percent each, market data showed.
U.S. markets reopen on Monday, Jan. 5, with investors watching how Treasury yields react as the jobs report approaches. Reuters reported the employment data due Jan. 9 could move rate expectations after the Federal Reserve lowered rates at each of its last three meetings of 2025. 2
Reuters reported fed funds futures point to little chance of a cut at the late-January Fed meeting, while implying close to a 50% probability of a quarter-point reduction in March. That setup can keep volatility elevated for rate-sensitive growth stocks. 2
For Paymentus, the next clear company catalyst is earnings. The company has not confirmed its next report date; MarketChameleon estimates results between March 3 and March 10, while MarketBeat pegs an estimated date around March 9 based on prior-year timing. 7
Technically, traders are likely to focus on Friday’s low of $28.22 as near-term support and the $31.63 session high as a first resistance level. The RSI “oversold” signal suggests selling may be stretched, but the stock’s direction is likely to hinge on whether it can hold that low when liquidity returns next week. 4
More broadly, investors are balancing valuation concerns against earnings expectations as fourth-quarter reporting season nears, Reuters reported. For Paymentus specifically, attention is likely to center on transaction growth and margins against the company’s latest guidance. 2
