Stocks were muted in terms of gains in the past week, showing more momentum to the downside.
International and multicurrency payment processing firm Planet Payment was up approximately 2 percent, a continued upswing resulting from news earlier in the month that the company has been exploring strategic options. These options have reportedly included a possible sale, though no timetable has been set for a decision.
In terms of decliners, American financial self-service, security and services corporation Diebold Nixdorf shares were off 6 percent with little company news save, indirectly, an announcement by cloud-based mobility solutions company Kony, Inc., that Andy Mattes, president and CEO of Diebold Nixdorf, has been appointed to Kony’s board of directors.
“We are honored to have Andy join our Board of Directors,” said Thomas E. Hogan, chairman and chief executive officer, Kony, Inc. “Andy’s distinguished history of senior leadership roles at market-leading companies, and his depth and expertise in technology and financial industries make him an outstanding addition to our board.”
Shares of Florida-based payment systems company ACI Worldwide were also down a bit, dipping more than 3 percent, though not as the result of any company-specific headlines. Mitek Systems, a global mobile capture and identity verifications technology company, fell a similar amount, also with little to show in the way of headlines.
Capital One Financial shares were down 2.7 percent on news via Security and Exchange Commission (SEC) filings that charge-offs and delinquencies were up by a respective six basis points — and 36 basis points — month-to-month, with charge-offs at 1.8 percent in July. Delinquencies notably stood at 5.8 percent.
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