Paymentus stock tumbles nearly 10% as fintech slides; oversold RSI flashes for PAY
Paymentus Holdings shares dropped 9.7% to $28.53 in afternoon trading Friday, after opening at $31.43 and hitting a session low. Nasdaq flagged the stock as “oversold” with its RSI falling below 30. Other payments stocks, including BILL Holdings and Toast, also declined. Investors await Paymentus’ next earnings report, scheduled for Feb. 18.