Nexi shares crash to record low as 2028 growth comeback spooks investors
Nexi shares slumped as much as 20% to an all-time low Thursday, after the Italian payments firm rolled out a three-year plan aimed at addressing rising industry headwinds. Some analysts called the selloff excessive. “You don’t have to believe we can go to the moon,” CEO Paolo Bertoluzzo told investors. This selloff hits as the market grows more tangled each quarter. Payments tech keeps evolving; merchants face falling prices. Major platforms push deeper into checkout, fraud prevention, and data, complicating the landscape.