Paya Holdings Inc (NASDAQ: PAYA) has been in a few doldrums over the course of the past two weeks or so. During the period, the stock has tanked by as high as 20%.
The decline in the stock price may be related to an announcement made by the company last week. Paya, which is involved in providing commercial and integrated payment solutions, announced last week that is Q4 2020 financial results are going to be released on March 8. The company is also set to release its financial results for the full year on the same day.
The results are going to be released before the opening of the markets on March 8. In addition to that, it has also been intimated that Chief Executive Officer Jeff Hack and Chief Financial Officer Glenn Renzulli are going to host a conference call on the same day. The conference call in question is scheduled to start at 8 a.m. EST.