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NASDAQ:PAY 2 January 2026 - 4 January 2026

Paymentus stock ends first 2026 session down nearly 10% — what’s behind the sudden drop?

Paymentus stock ends first 2026 session down nearly 10% — what’s behind the sudden drop?

Paymentus Holdings shares fell 9.9% to $28.47 on Friday, trading nearly double their average volume and triggering a Nasdaq “oversold” alert. The drop outpaced Bill Holdings, down 7.3%, while Affirm and Shift4 slipped about 0.5% each. The Dow and S&P 500 closed higher. Investors are focused on upcoming U.S. jobs and inflation data for signals on interest rates.
4 January 2026
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Stock Market Today

  • Steve Smith's $100,000 Koala Investment Poised for Major ASX Debut
    March 20, 2026, 9:29 PM EDT. Australian cricketer Steve Smith's early $100,000 Seed investment in Koala, a furniture startup, is set for a significant payoff as Koala prepares for a $68 million IPO on the ASX. The company, valued at $305 million, plans to use $10.1 million of fresh capital to retire debt. Co-founder Mitch Taylor is selling $8.3 million of shares but retains a 16.3% stake. CEO Dany Milham holds 20.7% of the company, with shares under escrow. Major shareholders include Perennial Partners with 22.7% and Alium Capital with 5%. Smith's initial 10% stake has diluted but was worth over $10 million by 2019. The listing is expected to reveal the full value of his holdings, potentially surpassing his cricketing earnings. Koala projects strong growth with a 62.4% revenue increase expected by FY26.
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