CAB Payments CFO Departure Paves Way for Turnaround -- Market Talk
Dow Jones
Feb 10, 2025
0831 GMT - CAB Payments will likely make a strategic pivot this year following the departure of senior leadership members, Shore Capital's analyst Vivek Raja says. CFO and executive director Richard Hallett stepped down on Monday, following the departure of other senior management in the past year. Shore Capital maintains its buy recommendation on the stock, expecting the London-listed fintech to return to a meaningful growth trajectory, Raja says. Shares are down 1.3% at 0.62 pounds. (cristina.gallardo@wsj.com)
(END) Dow Jones Newswires
February 10, 2025 03:31 ET (08:31 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.