Adyen Shares Tumble After Analyst Report Hits Market
Adyen plunged 7.13% to €833.00 after traders cited a negative Cleveland Research report, erasing Thursday’s rebound and deepening a 39% year-to-date drop; no new company news triggered the selloff, but Jefferies maintained its Buy rating and €1,166 target, highlighting solid operating momentum and exposure to a potential Q4 slowdown in discretionary spending.