Toast, Shift4 Lead Fall Fintechs, Investors are upset for costs

Economic problems cause a wide level of stock market, but they have a negative impact on Fintech, which is closely linked to consumer costs and small and medium -sized businesses.

While NASDAQ decreased by 2.1%on Thursday, putting the technological index for its worst week since September, stock Shift4. Toast and Bill.com Much more steady drops were affected by losing 6.7%, 6.2%and 4%respectively.

President Donald Trump This month, the invariable gap of its trade policy, especially with the threats of tariffs that change a day, rumbled this month. On Thursday, Finance Minister Scott Baby told “Squawk on the street” CNBC More focused About the long -term health of the economy, adding that it “does not care a little volatility for three weeks.”

Fintech reserves are usually more variable than traditional banks and lenders, as investors jump when the risk tolerance is high and the exit when the mood becomes more conservative. Barclays predicts that the highest tariff policy of President Trump can reduce the US GDP and increase inflation in the near future, which will lead to an additional decrease in the interest rate this year.

Shift4, which provides pay processing technology, decreased by 19% this year after the slide on Thursday, almost twice the losses in NASDAQ and more than three times the percentage reduction for the S&P 500. removed The forecast conducted by analysts’ estimates.

Meanwhile with the Shift4 income report announced it is so purchase Global Blue Payment Platform at the expense of $ 1.5 billion, which is approximately one five of the SHIFT4 market capitalization. Davidson Davidson analysts reduced the target price on Shift4 after the $ 124 transaction to reflect the integration and risk of financial leverage. “

Toast, whose payments technology is popular in restaurants and cafes, in March was a gloomy month, falling by 15%, compared to a decrease in 8% NASDAQ. Campaign report The results were expected in February, but the actions still fell.

After a double capitalization double last year and a great deal of profitability, Piper Sandler analysts said the Toast now has a “difficult task of introducing 2024”.

The competitive Fintech landscape leads to increased control over profitability and growth resistance. StateWhose buying now, paying later credit products faced with increased competition, on Thursday decreased by almost 4%, which led to a loss of shares a year to 23%.

Bill.com Provides software for costs and expenses for many small businesses. The company struggled to return after a rigid sale after the profit, which saw that stocks were falling 36% of weak instructions. On Thursday, the rally fell by another 4% and now decreased almost twice in 2025.