Payments Stock Down 30% Draws $6 Million Bet as Company Posts $4 Billion in Revenue

Solas Capital Management established a new position of 73,494 shares in Euronet Worldwide in Q4, raising the quarter-end position value by $5.59 million. This is a factual portfolio move that signals manager interest but is unlikely to have material market impact on Euronet by itself.

Analysis

Solas Capital Management established a new position of 73,494 shares in Euronet Worldwide in Q4, raising the quarter-end position value by $5.59 million. This is a factual portfolio move that signals manager interest but is unlikely to have material market impact on Euronet by itself.